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 increase in short interest in the month of December. As of December 31st, there was short interest totaling 4,222 shares, an increase of 279.0% from the December 15th total of 1,114 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 14,655 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily volume of 14,655 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.2% of the company’s stock are short sold.

AAM S&P 500 High Dividend Value ETF Stock Up 0.6%

Shares of SPDV stock traded up $0.20 during trading hours on Tuesday, hitting $36.11. 5,111 shares of the company’s stock traded hands, compared to its average volume of 8,923. The stock’s fifty day simple moving average is $34.62 and its two-hundred day simple moving average is $34.18. AAM S&P 500 High Dividend Value ETF has a 12-month low of $27.78 and a 12-month high of $36.16. The stock has a market cap of $80.17 million, a price-to-earnings ratio of 13.65 and a beta of 0.86.

Institutional Investors Weigh In On 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. boosted its holdings in AAM S&P 500 High Dividend Value ETF (NYSEARCA:SPDV) by 309.4% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,743 shares of the company’s stock after acquiring 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 quarter.

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.