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 drop in short interest in December. As of December 15th, there was short interest totaling 1,114 shares, a drop of 85.0% from the November 30th total of 7,442 shares. Based on an average daily volume of 7,515 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the shares of the stock are short sold. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 7,515 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in AAM S&P 500 High Dividend Value ETF stock. JPMorgan Chase & Co. boosted its position 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 filing with the SEC. The institutional investor owned 2,743 shares of the company’s stock after buying an additional 2,073 shares during the quarter. 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 Performance

AAM S&P 500 High Dividend Value ETF stock traded up $0.20 on Wednesday, reaching $35.04. The company’s stock had a trading volume of 1,905 shares, compared to its average volume of 7,066. AAM S&P 500 High Dividend Value ETF has a twelve month low of $27.78 and a twelve month high of $35.48. The company has a market cap of $75.34 million, a price-to-earnings ratio of 13.65 and a beta of 0.86. The business’s fifty day moving average price is $34.37 and its 200 day moving average price is $33.88.

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.