AAM S&P 500 High Dividend Value ETF (NYSEARCA:SPDV) Shares Down 0% – Here’s What Happened

AAM S&P 500 High Dividend Value ETF (NYSEARCA:SPDV)’s share price was down 0% during mid-day trading on Monday . The company traded as low as $37.07 and last traded at $37.19. Approximately 3,797 shares were traded during mid-day trading, a decline of 57% from the average daily volume of 8,864 shares. The stock had previously closed at $37.20.

AAM S&P 500 High Dividend Value ETF Stock Down 0.0%

The stock has a market capitalization of $87.40 million, a PE ratio of 13.65 and a beta of 0.86. The company has a 50-day moving average of $37.50 and a 200 day moving average of $35.73.

AAM S&P 500 High Dividend Value ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, March 3rd. Investors of record on Friday, February 27th were given a dividend of $0.10 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend was Friday, February 27th.

Institutional Trading of AAM S&P 500 High Dividend Value ETF

An institutional investor recently raised its position in AAM S&P 500 High Dividend Value ETF stock. JPMorgan Chase & Co. increased its holdings in shares of AAM S&P 500 High Dividend Value ETF (NYSEARCA:SPDV) by 309.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,743 shares of the company’s stock after purchasing 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 at the end of the most recent reporting period.

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.