AAM S&P 500 High Dividend Value ETF (NYSEARCA:SPDV) Shares Up 0.7% – Here’s Why

AAM S&P 500 High Dividend Value ETF (NYSEARCA:SPDV) shares shot up 0.7% on Wednesday . The stock traded as high as $32.79 and last traded at $32.72. 8,256 shares were traded during trading, an increase of 60% from the average session volume of 5,163 shares. The stock had previously closed at $32.49.

AAM S&P 500 High Dividend Value ETF Stock Up 0.7 %

The stock has a market capitalization of $68.71 million, a price-to-earnings ratio of 16.04 and a beta of 0.95. The business’s 50 day simple moving average is $33.22 and its 200-day simple moving average is $33.37.

AAM S&P 500 High Dividend Value ETF Increases Dividend

The company also recently declared a dividend, which was paid on Monday, March 3rd. Investors of record on Thursday, February 27th were given a dividend of $0.11 per share. This is a positive change from AAM S&P 500 High Dividend Value ETF’s previous dividend of $0.09. The ex-dividend date of this dividend was Thursday, February 27th.

Hedge Funds Weigh In On AAM S&P 500 High Dividend Value ETF

A hedge fund recently bought a new stake in AAM S&P 500 High Dividend Value ETF stock. JPMorgan Chase & Co. acquired a new stake in AAM S&P 500 High Dividend Value ETF (NYSEARCA:SPDV) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 2,349 shares of the company’s stock, valued at approximately $76,000. JPMorgan Chase & Co. owned approximately 0.12% of AAM S&P 500 High Dividend Value ETF as of its most recent SEC filing.

AAM S&P 500 High Dividend Value ETF Company Profile