SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) Short Interest Update

SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) was the target of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 1,177,379 shares, a growth of 52.1% from the July 15th total of 773,885 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily volume of 2,656,709 shares, the short-interest ratio is currently 0.4 days.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of NYSEARCA SPYG traded down $1.60 during midday trading on Tuesday, reaching $120.88. The stock had a trading volume of 1,154,939 shares, compared to its average volume of 4,142,993. The company’s 50 day moving average price is $118.32 and its 200 day moving average price is $111.77. SPDR Portfolio S&P 500 Growth ETF has a twelve month low of $93.61 and a twelve month high of $124.04. The firm has a market cap of $53.51 billion, a price-to-earnings ratio of 32.28 and a beta of 1.17.

Institutional Trading of SPDR Portfolio S&P 500 Growth ETF

Institutional investors have recently bought and sold shares of the company. United Financial Planning Group LLC acquired a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the 3rd quarter valued at about $25,000. Hantz Financial Services Inc. lifted its stake in SPDR Portfolio S&P 500 Growth ETF by 583.8% in the fourth quarter. Hantz Financial Services Inc. now owns 253 shares of the company’s stock valued at $27,000 after buying an additional 216 shares during the period. Financial Life Planners bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 1st quarter worth approximately $27,000. Indiana Trust & Investment Management Co acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the 1st quarter worth approximately $27,000. Finally, New Millennium Group LLC bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the 4th quarter valued at $29,000.

SPDR Portfolio S&P 500 Growth ETF Company Profile

SPDR S&P 500 Growth ETF (the Fund), formerly SPDR Dow Jones Large Cap Growth ETF, focuses to provide investment results, which correspond to the total return performance of an index tracks the performance of exchange traded the equity securities. The SPDR S&P 500 Growth ETF matches the returns and characteristics of the S&P 500 Growth Index (the Index). The S&P 500 Growth Index measures the performance of the growth sector in the United States equity market. The selection universe for the S&P 500 Index includes all the United States common equities.