SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) Sees Large Volume Increase

SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) shares saw an uptick in trading volume on Monday . 1,222,757 shares changed hands during trading, an increase of 4% from the previous session’s volume of 1,176,812 shares.The stock last traded at $39.12 and had previously closed at $39.01.

SPDR Portfolio S&P 500 High Dividend ETF Price Performance

The firm has a 50 day moving average of $39.35 and a two-hundred day moving average of $37.85. The stock has a market cap of $6.76 billion, a PE ratio of 14.65 and a beta of 0.90.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Westend Capital Management LLC acquired a new stake in SPDR Portfolio S&P 500 High Dividend ETF during the 1st quarter worth approximately $52,000. Future Financial Wealth Managment LLC purchased a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF during the first quarter worth approximately $60,000. Anchor Investment Management LLC acquired a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF during the fourth quarter worth $59,000. ICA Group Wealth Management LLC purchased a new position in SPDR Portfolio S&P 500 High Dividend ETF in the 4th quarter valued at $61,000. Finally, Tsfg LLC purchased a new position in SPDR Portfolio S&P 500 High Dividend ETF in the 1st quarter valued at $81,000.

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.