AAM S&P 500 High Dividend Value ETF (NYSEARCA:SPDV) Trading Up 0.1% – What’s Next?

AAM S&P 500 High Dividend Value ETF (NYSEARCA:SPDV)’s stock price traded up 0.1% during mid-day trading on Tuesday . The stock traded as high as $38.94 and last traded at $38.91. 11,294 shares traded hands during mid-day trading, an increase of 39% from the average session volume of 8,150 shares. The stock had previously closed at $38.86.

AAM S&P 500 High Dividend Value ETF Stock Up 1.0%

The company has a market capitalization of $92.17 million, a price-to-earnings ratio of 13.65 and a beta of 0.74. The company has a 50-day moving average price of $38.07 and a 200-day moving average price of $36.97.

Institutional Investors 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. increased its position in shares of AAM S&P 500 High Dividend Value ETF (NYSEARCA:SPDV) by 309.4% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. 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 0.13% of AAM S&P 500 High Dividend Value ETF worth $89,000 at the end of the most recent quarter.

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.