SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) Short Interest Down 29.2% in February

SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) was the recipient of a significant decrease in short interest during the month of February. As of February 27th, there was short interest totaling 773,189 shares, a decrease of 29.2% from the February 12th total of 1,091,369 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 6,299,175 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 6,299,175 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.2% of the company’s stock are short sold.

SPDR Portfolio S&P 500 Growth ETF Stock Up 1.2%

NYSEARCA:SPYG traded up $1.23 during trading hours on Monday, hitting $102.32. 2,795,793 shares of the company traded hands, compared to its average volume of 6,373,427. The company has a market cap of $43.64 billion, a PE ratio of 32.28 and a beta of 1.11. The firm’s 50-day simple moving average is $105.34 and its 200-day simple moving average is $105.20. SPDR Portfolio S&P 500 Growth ETF has a one year low of $68.65 and a one year high of $109.63.

Institutional Investors Weigh In On SPDR Portfolio S&P 500 Growth ETF

Large investors have recently added to or reduced their stakes in the company. Optiver Holding B.V. purchased a new stake in SPDR Portfolio S&P 500 Growth ETF during the third quarter valued at about $25,000. United Financial Planning Group LLC bought a new position in SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter worth approximately $25,000. Clayton Financial Group LLC bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the third quarter worth about $26,000. Financial Life Planners purchased a new position in SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter valued at about $26,000. Finally, Hantz Financial Services Inc. boosted its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 583.8% during the 4th quarter. Hantz Financial Services Inc. now owns 253 shares of the company’s stock valued at $27,000 after purchasing an additional 216 shares in the last quarter.

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.