SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) Sees Significant Decrease in Short Interest

SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) saw a large decline in short interest in the month of January. As of January 30th, there was short interest totaling 778,614 shares, a decline of 24.6% from the January 15th total of 1,032,849 shares. Based on an average daily trading volume, of 4,941,352 shares, the short-interest ratio is currently 0.2 days. Currently, 0.2% of the company’s shares are sold short. Currently, 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 4,941,352 shares, the short-interest ratio is currently 0.2 days.

SPDR Portfolio S&P 500 Growth ETF Price Performance

Shares of SPDR Portfolio S&P 500 Growth ETF stock traded down $0.44 during trading hours on Friday, hitting $103.01. The company’s stock had a trading volume of 10,378,021 shares, compared to its average volume of 5,399,147. The company has a market capitalization of $43.93 billion, a PE ratio of 32.28 and a beta of 1.11. The stock has a 50 day moving average of $106.67 and a 200 day moving average of $104.53. SPDR Portfolio S&P 500 Growth ETF has a 12 month low of $68.65 and a 12 month high of $109.63.

Institutional Trading of SPDR Portfolio S&P 500 Growth ETF

Several hedge funds have recently bought and sold shares of the stock. ERn Financial LLC increased its position in SPDR Portfolio S&P 500 Growth ETF by 1.5% in the 3rd quarter. ERn Financial LLC now owns 401,200 shares of the company’s stock valued at $41,929,000 after buying an additional 6,031 shares in the last quarter. Gilbert Capital Group Inc. bought a new position in SPDR Portfolio S&P 500 Growth ETF in the second quarter worth approximately $5,086,000. Caprock Group LLC acquired a new stake in SPDR Portfolio S&P 500 Growth ETF in the third quarter valued at approximately $3,006,000. Cresset Asset Management LLC increased its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 32.3% during the second quarter. Cresset Asset Management LLC now owns 20,735 shares of the company’s stock valued at $1,977,000 after acquiring an additional 5,065 shares in the last quarter. Finally, First Horizon Corp bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the third quarter valued at approximately $1,266,000.

About SPDR Portfolio S&P 500 Growth ETF

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.