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

Shares of AAM S&P 500 High Dividend Value ETF (NYSEARCA:SPDV) were down 0% 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 Price Performance

The business has a 50-day moving average of $37.50 and a two-hundred day moving average of $35.73. The company has a market cap of $87.40 million, a P/E ratio of 13.65 and a beta of 0.86.

AAM S&P 500 High Dividend Value ETF Dividend Announcement

The business 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. The ex-dividend date of this dividend was Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 3.2%.

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. increased its position 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 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 as of its most recent SEC filing.

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.