Econ Financial Services Corp bought a new stake in shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD – Free Report) in the 1st quarter, according to its most recent filing with the SEC. The institutional investor bought 61,562 shares of the company’s stock, valued at approximately $2,802,000.
A number of other hedge funds have also made changes to their positions in the stock. Modus Advisors LLC acquired a new stake in SPDR Portfolio S&P 500 High Dividend ETF in the fourth quarter valued at $28,000. Optiver Holding B.V. acquired a new position in SPDR Portfolio S&P 500 High Dividend ETF during the 3rd quarter worth $31,000. Sound Income Strategies LLC grew its holdings in SPDR Portfolio S&P 500 High Dividend ETF by 277.8% during the 4th quarter. Sound Income Strategies LLC now owns 816 shares of the company’s stock worth $37,000 after acquiring an additional 600 shares in the last quarter. SHP Wealth Management acquired a new position in SPDR Portfolio S&P 500 High Dividend ETF during the 4th quarter worth $43,000. Finally, IFP Advisors Inc increased its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 58.3% in the 3rd quarter. IFP Advisors Inc now owns 1,319 shares of the company’s stock worth $58,000 after purchasing an additional 486 shares during the last quarter.
SPDR Portfolio S&P 500 High Dividend ETF Stock Performance
Shares of SPDR Portfolio S&P 500 High Dividend ETF stock opened at $48.60 on Friday. The firm has a market cap of $7.63 billion, a PE ratio of 15.73 and a beta of 0.71. The firm’s 50-day simple moving average is $47.25 and its 200-day simple moving average is $46.07. SPDR Portfolio S&P 500 High Dividend ETF has a 1 year low of $41.87 and a 1 year high of $49.21.
About SPDR Portfolio S&P 500 High Dividend ETF
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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