First Commonwealth Financial Corp PA Invests $526,000 in SPDR Portfolio S&P 500 High Dividend ETF $SPYD

First Commonwealth Financial Corp PA acquired a new position in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 11,962 shares of the company’s stock, valued at approximately $526,000.

Other institutional investors also recently bought and sold shares of the company. Global Retirement Partners LLC bought a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF in the second quarter worth about $451,000. CWM LLC increased its holdings in SPDR Portfolio S&P 500 High Dividend ETF by 19.4% in the 3rd quarter. CWM LLC now owns 186,112 shares of the company’s stock worth $8,189,000 after acquiring an additional 30,249 shares in the last quarter. Vantagepoint Investment Advisers LLC purchased a new stake in SPDR Portfolio S&P 500 High Dividend ETF in the 3rd quarter worth approximately $187,209,000. Creative Planning raised its stake in SPDR Portfolio S&P 500 High Dividend ETF by 11.1% during the 2nd quarter. Creative Planning now owns 84,882 shares of the company’s stock worth $3,602,000 after acquiring an additional 8,513 shares during the period. Finally, Nan Fung Trinity HK Ltd. bought a new stake in SPDR Portfolio S&P 500 High Dividend ETF during the 3rd quarter worth approximately $981,000.

SPDR Portfolio S&P 500 High Dividend ETF Price Performance

Shares of NYSEARCA:SPYD opened at $45.48 on Thursday. The company has a market capitalization of $7.53 billion, a P/E ratio of 15.73 and a beta of 0.84. SPDR Portfolio S&P 500 High Dividend ETF has a 1-year low of $37.92 and a 1-year high of $48.53. The firm’s 50 day simple moving average is $46.31 and its two-hundred day simple moving average is $44.52.

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.