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 target of a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 5,628 shares, a decline of 44.1% from the July 15th total of 10,059 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 18,164 shares, the short-interest ratio is presently 0.3 days.

AAM S&P 500 High Dividend Value ETF Price Performance

AAM S&P 500 High Dividend Value ETF stock traded down $0.55 during mid-day trading on Monday, reaching $40.90. 8,557 shares of the company were exchanged, compared to its average volume of 8,954. The company has a fifty day simple moving average of $39.70 and a 200-day simple moving average of $38.44. AAM S&P 500 High Dividend Value ETF has a 12 month low of $33.10 and a 12 month high of $41.50. The firm has a market cap of $104.30 million, a PE ratio of 13.65 and a beta of 0.74.

Institutional Inflows and Outflows

A hedge fund recently raised its position in AAM S&P 500 High Dividend Value ETF stock. JPMorgan Chase & Co. increased its position in shares of AAM S&P 500 High Dividend Value ETF (NYSEARCA:SPDV) by 309.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm 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.

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.