AAM S&P 500 High Dividend Value ETF (NYSEARCA:SPDV) Trading Down 0.5% – Time to Sell?

AAM S&P 500 High Dividend Value ETF (NYSEARCA:SPDVGet Free Report) dropped 0.5% during mid-day trading on Monday . The company traded as low as $39.78 and last traded at $39.81. Approximately 4,528 shares traded hands during trading, a decline of 45% from the average session volume of 8,269 shares. The stock had previously closed at $40.03.

AAM S&P 500 High Dividend Value ETF Stock Down 0.5%

The firm’s 50-day moving average is $38.90 and its 200-day moving average is $37.79. The company has a market capitalization of $99.53 million, a PE ratio of 13.65 and a beta of 0.74.

Hedge Funds 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. grew its position in shares of AAM S&P 500 High Dividend Value ETF (NYSEARCA:SPDVFree Report) by 309.4% during the 2nd 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 approximately 0.13% of AAM S&P 500 High Dividend Value ETF worth $89,000 as of its most recent SEC filing.

AAM S&P 500 High Dividend Value ETF Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for AAM S&P 500 High Dividend Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AAM S&P 500 High Dividend Value ETF and related companies with MarketBeat.com's FREE daily email newsletter.