Arvest Investments Inc. Purchases 177 Shares of SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA)

Arvest Investments Inc. grew its position in SPDR Dow Jones Industrial Average ETF Trust (NYSEARCA:DIA) by 2.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,304 shares of the exchange traded fund’s stock after purchasing an additional 177 shares during the quarter. Arvest Investments Inc.’s holdings in SPDR Dow Jones Industrial Average ETF Trust were worth $2,683,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of the company. OVERSEA CHINESE BANKING Corp Ltd boosted its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 57.4% in the fourth quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 15,083 shares of the exchange traded fund’s stock worth $6,418,000 after purchasing an additional 5,500 shares during the period. Thrivent Financial for Lutherans boosted its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 18.4% in the fourth quarter. Thrivent Financial for Lutherans now owns 7,195 shares of the exchange traded fund’s stock worth $3,167,000 after purchasing an additional 1,117 shares during the period. Retirement Planning Co of New England Inc. boosted its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 23.9% in the fourth quarter. Retirement Planning Co of New England Inc. now owns 906 shares of the exchange traded fund’s stock worth $386,000 after purchasing an additional 175 shares during the period. 1ST Source Bank bought a new position in shares of SPDR Dow Jones Industrial Average ETF Trust in the fourth quarter worth approximately $1,954,000. Finally, Pitti Group Wealth Management LLC boosted its position in shares of SPDR Dow Jones Industrial Average ETF Trust by 4.3% during the fourth quarter. Pitti Group Wealth Management LLC now owns 802 shares of the exchange traded fund’s stock worth $341,000 after acquiring an additional 33 shares during the last quarter. 37.11% of the stock is currently owned by institutional investors.

SPDR Dow Jones Industrial Average ETF Trust Stock Performance

Shares of NYSEARCA:DIA opened at $420.42 on Thursday. The firm has a fifty day moving average price of $435.05 and a 200 day moving average price of $430.89. SPDR Dow Jones Industrial Average ETF Trust has a fifty-two week low of $376.14 and a fifty-two week high of $451.55. The firm has a market cap of $37.35 billion, a price-to-earnings ratio of 22.75 and a beta of 0.94.

SPDR Dow Jones Industrial Average ETF Trust Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, February 18th. Investors of record on Friday, January 17th were given a dividend of $0.1624 per share. The ex-dividend date was Friday, January 17th.

SPDR Dow Jones Industrial Average ETF Trust Profile

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.