SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) Reaches New 1-Year High – Here’s What Happened

Shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD – Get Free Report) hit a new 52-week high during mid-day trading on Thursday. The stock traded as high as $51.11 and last traded at $50.9050, with a volume of 284,895 shares traded. The stock had previously closed at $50.51.

SPDR Portfolio S&P 500 High Dividend ETF Stock Down 1.1%

The business’s fifty day moving average is $47.71 and its 200 day moving average is $47.49. The firm has a market capitalization of $7.78 billion, a price-to-earnings ratio of 15.73 and a beta of 0.72.

Hedge Funds Weigh In On SPDR Portfolio S&P 500 High Dividend ETF

Large investors have recently added to or reduced their stakes in the company. International Assets Investment Management LLC acquired a new position in SPDR Portfolio S&P 500 High Dividend ETF during the third quarter valued at approximately $2,268,000. Kestra Private Wealth Services LLC bought a new position in SPDR Portfolio S&P 500 High Dividend ETF in the third quarter valued at approximately $555,000. Cowa LLC bought a new position in SPDR Portfolio S&P 500 High Dividend ETF in the third quarter valued at approximately $8,689,000. Chicago Partners Investment Group LLC acquired a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF during the 3rd quarter worth approximately $1,057,000. Finally, Integrity Alliance LLC. acquired a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF during the 3rd quarter worth approximately $323,000.

About SPDR Portfolio S&P 500 High Dividend ETF

(Get Free Report)

The SPDR Portfolio S&P 500 High Dividend ETF (SPYD) is an exchange-traded fund that is based on the S&P 500 High Dividend index. The fund tracks an index of the 80 highest-yielding stocks selected from the S&P 500. Stocks are equally-weighted. SPYD was launched on Oct 21, 2015 and is managed by State Street.

Further Reading

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