SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD – Get Free Report) saw a significant increase in short interest in July. As of July 15th, there was short interest totaling 1,368,945 shares, an increase of 63.3% from the June 30th total of 838,294 shares. Approximately 0.9% of the shares of the stock are short sold. Based on an average trading volume of 957,030 shares, the short-interest ratio is currently 1.4 days.
SPDR Portfolio S&P 500 High Dividend ETF Stock Down 0.5%
Shares of NYSEARCA SPYD opened at $49.50 on Friday. SPDR Portfolio S&P 500 High Dividend ETF has a twelve month low of $41.87 and a twelve month high of $50.90. The firm has a market capitalization of $7.63 billion, a P/E ratio of 15.73 and a beta of 0.71. The stock’s 50-day simple moving average is $48.41 and its two-hundred day simple moving average is $47.00.
Institutional Trading of SPDR Portfolio S&P 500 High Dividend ETF
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Modus Advisors LLC bought a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF during the 4th quarter valued at $28,000. Sound Income Strategies LLC lifted its holdings in SPDR Portfolio S&P 500 High Dividend ETF by 277.8% in the 4th quarter. Sound Income Strategies LLC now owns 816 shares of the company’s stock worth $37,000 after buying an additional 600 shares during the period. SHP Wealth Management bought a new stake in SPDR Portfolio S&P 500 High Dividend ETF in the fourth quarter valued at $43,000. Matrix Private Capital Group LLC purchased a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF during the first quarter valued at about $53,000. Finally, Colonial Trust Advisors purchased a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF during the 4th quarter worth approximately $65,000.
SPDR Portfolio S&P 500 High Dividend ETF Company Profile
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.
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