AAM S&P 500 High Dividend Value ETF (NYSEARCA:SPDV) Short Interest Update

AAM S&P 500 High Dividend Value ETF (NYSEARCA:SPDV) was the recipient of a large growth in short interest in January. As of January 30th, there was short interest totaling 16,576 shares, a growth of 35.0% from the January 15th total of 12,279 shares. Currently, 0.6% of the shares of the stock are short sold. Based on an average trading volume of 8,766 shares, the short-interest ratio is presently 1.9 days. Based on an average trading volume of 8,766 shares, the short-interest ratio is presently 1.9 days. Currently, 0.6% 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. boosted its holdings in shares of AAM S&P 500 High Dividend Value ETF (NYSEARCA:SPDV) by 309.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,743 shares of the company’s stock after buying an additional 2,073 shares during the period. JPMorgan Chase & Co. owned approximately 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 Stock Up 1.2%

Shares of SPDV stock traded up $0.45 during trading hours on Monday, reaching $38.59. The company’s stock had a trading volume of 12,167 shares, compared to its average volume of 9,416. AAM S&P 500 High Dividend Value ETF has a fifty-two week low of $27.78 and a fifty-two week high of $38.80. The firm’s 50 day simple moving average is $36.09 and its 200-day simple moving average is $34.86. The company has a market capitalization of $114.61 million, a price-to-earnings ratio of 13.65 and a beta of 0.86.

AAM S&P 500 High Dividend Value ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, February 3rd. Stockholders of record on Friday, January 30th were given a dividend of $0.10 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date was Friday, January 30th.

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.