AAM S&P 500 High Dividend Value ETF (NYSEARCA:SPDV – Get Free Report) was the target of a significant drop in short interest during the month of February. As of February 27th, there was short interest totaling 13,980 shares, a drop of 41.7% from the February 12th total of 23,985 shares. Approximately 0.5% of the shares of the company are short sold. Based on an average trading volume of 9,273 shares, the short-interest ratio is currently 1.5 days. Based on an average trading volume of 9,273 shares, the short-interest ratio is currently 1.5 days. Approximately 0.5% of the shares of the company are short sold.
Institutional Investors Weigh In On AAM S&P 500 High Dividend Value ETF
A hedge fund recently raised its stake in AAM S&P 500 High Dividend Value ETF stock. JPMorgan Chase & Co. grew its holdings in AAM S&P 500 High Dividend Value ETF (NYSEARCA:SPDV – Free Report) by 309.4% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,743 shares of the company’s stock after buying an additional 2,073 shares during the quarter. JPMorgan Chase & Co. owned 0.13% of AAM S&P 500 High Dividend Value ETF worth $89,000 as of its most recent filing with the SEC.
AAM S&P 500 High Dividend Value ETF Price Performance
SPDV stock traded down $0.14 on Friday, reaching $36.73. 7,421 shares of the company were exchanged, compared to its average volume of 9,076. The firm has a market capitalization of $109.09 million, a PE ratio of 13.65 and a beta of 0.86. AAM S&P 500 High Dividend Value ETF has a 12 month low of $27.78 and a 12 month high of $38.80. The stock’s fifty day moving average price is $37.22 and its 200 day moving average price is $35.45.
AAM S&P 500 High Dividend Value ETF Announces Dividend
About AAM S&P 500 High Dividend Value ETF
The AAM S&P 500 High Dividend Value ETF (SPDV) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of US large-caps selected for high dividend and free-cash-flow yields. Securities are equally-weighted. SPDV was launched on Nov 28, 2017 and is managed by AAM.
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