Paloma Partners Management Co Cuts Holdings in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Paloma Partners Management Co lessened its stake in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 71.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,417 shares of the exchange traded fund’s stock after selling 18,770 shares during the period. Paloma Partners Management Co’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $3,156,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of DIA. Barclays PLC boosted its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 27.7% in the 3rd quarter. Barclays PLC now owns 60,887 shares of the exchange traded fund’s stock valued at $25,763,000 after purchasing an additional 13,219 shares in the last quarter. Tudor Financial Inc. bought a new stake in SPDR Dow Jones Industrial Average ETF Trust in the third quarter worth $8,081,000. Eaton Financial Holdings Company LLC purchased a new stake in SPDR Dow Jones Industrial Average ETF Trust during the third quarter valued at about $2,972,000. Arvest Bank Trust Division bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust during the third quarter valued at about $2,398,000. Finally, Wilmington Savings Fund Society FSB grew its stake in shares of SPDR Dow Jones Industrial Average ETF Trust by 246.9% during the third quarter. Wilmington Savings Fund Society FSB now owns 2,914 shares of the exchange traded fund’s stock valued at $1,233,000 after buying an additional 2,074 shares during the last quarter. Hedge funds and other institutional investors own 37.11% of the company’s stock.

SPDR Dow Jones Industrial Average ETF Trust Trading Up 0.3 %

Shares of NYSEARCA:DIA opened at $402.27 on Tuesday. The stock’s 50-day moving average price is $412.63 and its 200-day moving average price is $427.93. SPDR Dow Jones Industrial Average ETF Trust has a 12-month low of $366.32 and a 12-month high of $451.55. The stock has a market capitalization of $34.99 billion, a P/E ratio of 21.45 and a beta of 0.91.

About SPDR Dow Jones Industrial Average ETF Trust

SPDR Dow Jones Industrial Average ETF Trust (the Trust) is a unit investment, which issues securities called trust units or units. The Trust seeks to provide investment results that, before expenses, generally correspond to the price and yields performance of the Dow Jones Industrial Average. The Dow Jones Industrial Average is an Index of 30 blue chip United States stocks.