AAM S&P 500 High Dividend Value ETF (NYSEARCA:SPDV) Shares Down 0% – Here’s What Happened

AAM S&P 500 High Dividend Value ETF (NYSEARCA:SPDV)’s stock price dropped 0% on Monday . The stock traded as low as $37.07 and last traded at $37.19. Approximately 3,797 shares traded hands during trading, a decline of 57% from the average daily volume of 8,864 shares. The stock had previously closed at $37.20.

AAM S&P 500 High Dividend Value ETF Stock Performance

The company has a market capitalization of $87.77 million, a price-to-earnings ratio of 13.65 and a beta of 0.82. The business’s 50-day simple moving average is $37.51 and its 200-day simple moving average is $35.74.

AAM S&P 500 High Dividend Value ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, March 3rd. Shareholders of record on Friday, February 27th were paid a $0.10 dividend. The ex-dividend date of this dividend was Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 3.2%.

Hedge Funds Weigh In On AAM S&P 500 High Dividend Value ETF

An institutional investor recently raised its position in AAM S&P 500 High Dividend Value ETF stock. JPMorgan Chase & Co. lifted its holdings in AAM S&P 500 High Dividend Value ETF (NYSEARCA:SPDV) by 309.4% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 2,743 shares of the company’s stock after purchasing an additional 2,073 shares during the quarter. JPMorgan Chase & Co. owned about 0.13% of AAM S&P 500 High Dividend Value ETF worth $89,000 as of its most recent SEC filing.

AAM S&P 500 High Dividend Value ETF Company Profile

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.