SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) Short Interest Update

SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) saw a significant drop in short interest in June. As of June 30th, there was short interest totaling 838,294 shares, a drop of 51.5% from the June 15th total of 1,726,704 shares. Approximately 0.5% of the company’s stock are short sold. Based on an average trading volume of 1,217,243 shares, the short-interest ratio is currently 0.7 days.

SPDR Portfolio S&P 500 High Dividend ETF Stock Performance

Shares of NYSEARCA:SPYD traded up $0.92 during trading on Thursday, hitting $49.54. The company’s stock had a trading volume of 794,041 shares, compared to its average volume of 1,581,666. The company has a market capitalization of $7.64 billion, a PE ratio of 15.73 and a beta of 0.71. SPDR Portfolio S&P 500 High Dividend ETF has a fifty-two week low of $41.87 and a fifty-two week high of $49.56. The stock’s 50-day moving average price is $47.73 and its two-hundred day moving average price is $46.52.

Hedge Funds Weigh In On SPDR Portfolio S&P 500 High Dividend ETF

Institutional investors have recently made changes to their positions in the business. Armstrong Advisory Group Inc. acquired a new position in SPDR Portfolio S&P 500 High Dividend ETF during the 4th quarter worth $949,000. Phoenix Wealth Advisors increased its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 41.9% in the 4th quarter. Phoenix Wealth Advisors now owns 61,016 shares of the company’s stock worth $2,639,000 after purchasing an additional 18,020 shares during the last quarter. Apollon Wealth Management LLC raised its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 80.0% in the 4th quarter. Apollon Wealth Management LLC now owns 28,703 shares of the company’s stock valued at $1,241,000 after purchasing an additional 12,761 shares in the last quarter. V2 Financial group LLC raised its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 284.1% in the 4th quarter. V2 Financial group LLC now owns 28,613 shares of the company’s stock valued at $1,237,000 after purchasing an additional 21,163 shares in the last quarter. Finally, Greenberg Financial Group bought a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF during the fourth quarter worth about $2,585,000.

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.