SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD – Get Free Report) dropped 0.9% during trading on Monday . The company traded as low as $42.94 and last traded at $43.01. Approximately 1,259,670 shares traded hands during trading, an increase of 15% from the average daily volume of 1,093,951 shares. The stock had previously closed at $43.41.
SPDR Portfolio S&P 500 High Dividend ETF Price Performance
The stock has a market cap of $7.32 billion, a P/E ratio of 14.99 and a beta of 0.85. The company has a fifty day moving average of $45.21 and a 200 day moving average of $44.15.
Institutional Trading of SPDR Portfolio S&P 500 High Dividend ETF
A number of hedge funds and other institutional investors have recently modified their holdings of the company. Parallel Advisors LLC boosted its stake in SPDR Portfolio S&P 500 High Dividend ETF by 1,137.0% during the second quarter. Parallel Advisors LLC now owns 14,696 shares of the company’s stock valued at $591,000 after buying an additional 13,508 shares in the last quarter. Waterloo Capital L.P. acquired a new stake in SPDR Portfolio S&P 500 High Dividend ETF in the 2nd quarter valued at about $2,382,000. Fairscale Capital LLC acquired a new stake in SPDR Portfolio S&P 500 High Dividend ETF in the 2nd quarter valued at about $126,000. Heartwood Wealth Advisors LLC boosted its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 3.9% during the 3rd quarter. Heartwood Wealth Advisors LLC now owns 113,061 shares of the company’s stock valued at $5,161,000 after purchasing an additional 4,257 shares in the last quarter. Finally, Future Financial Wealth Managment LLC acquired a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF in the 3rd quarter worth approximately $68,000.
SPDR Portfolio S&P 500 High Dividend ETF Company Profile
The SPDR Portfolio S&P 500 High Dividend ETF (SPYD) is an exchange-traded fund that is based on the S&P 500 High Dividend index. The fund tracks an index of the 80 highest-yielding stocks selected from the S&P 500. Stocks are equally-weighted. SPYD was launched on Oct 21, 2015 and is managed by State Street.
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