AAM S&P 500 High Dividend Value ETF (NYSEARCA:SPDV – Get Free Report) saw a significant decline in short interest in June. As of June 15th, there was short interest totaling 7,363 shares, a decline of 62.5% from the May 31st total of 19,641 shares. Based on an average trading volume of 6,978 shares, the short-interest ratio is presently 1.1 days. Approximately 0.3% of the shares of the stock are short sold.
Hedge Funds 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. increased its position in AAM S&P 500 High Dividend Value ETF (NYSEARCA:SPDV – Free Report) by 309.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund 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 Securities and Exchange Commission (SEC).
AAM S&P 500 High Dividend Value ETF Stock Performance
SPDV traded down $0.56 during trading on Tuesday, reaching $38.54. The stock had a trading volume of 5,604 shares, compared to its average volume of 8,187. The business has a 50-day moving average of $38.49 and a 200-day moving average of $37.35. AAM S&P 500 High Dividend Value ETF has a one year low of $32.00 and a one year high of $39.77. The stock has a market cap of $90.57 million, a PE ratio of 13.65 and a beta of 0.74.
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.
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