AAM S&P 500 High Dividend Value ETF (NYSEARCA:SPDV) Shares Down 1.2% – Here’s Why

AAM S&P 500 High Dividend Value ETF (NYSEARCA:SPDV)’s share price dropped 1.2% on Wednesday . The company traded as low as $29.50 and last traded at $29.50. Approximately 4,015 shares changed hands during mid-day trading, a decline of 24% from the average daily volume of 5,300 shares. The stock had previously closed at $29.86.

AAM S&P 500 High Dividend Value ETF Trading Up 0.9 %

The company has a fifty day moving average of $32.03 and a 200-day moving average of $33.07. The company has a market capitalization of $62.54 million, a price-to-earnings ratio of 14.84 and a beta of 0.83.

AAM S&P 500 High Dividend Value ETF Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, April 1st. Shareholders of record on Friday, March 28th were paid a dividend of $0.11 per share. The ex-dividend date was Friday, March 28th. This is an increase from AAM S&P 500 High Dividend Value ETF’s previous dividend of $0.09.

Institutional Trading of AAM S&P 500 High Dividend Value ETF

An institutional investor recently bought a new position in AAM S&P 500 High Dividend Value ETF stock. JPMorgan Chase & Co. acquired a new position in AAM S&P 500 High Dividend Value ETF (NYSEARCA:SPDV) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 2,349 shares of the company’s stock, valued at approximately $76,000. JPMorgan Chase & Co. owned about 0.12% of AAM S&P 500 High Dividend Value ETF as of its most recent filing with the Securities and Exchange Commission.

About AAM S&P 500 High Dividend Value ETF