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

SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYGGet Free Report) was the target of a large decline in short interest during 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 trading volume of 4,941,352 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.2% of the shares of the company are short sold. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 4,941,352 shares, the days-to-cover ratio is presently 0.2 days.

SPDR Portfolio S&P 500 Growth ETF Price Performance

NYSEARCA:SPYG opened at $103.01 on Tuesday. SPDR Portfolio S&P 500 Growth ETF has a one year low of $68.65 and a one year high of $109.63. The company has a market cap of $43.93 billion, a P/E ratio of 32.28 and a beta of 1.11. The firm’s fifty day moving average price is $106.58 and its two-hundred day moving average price is $104.60.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Optiver Holding B.V. bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the third quarter worth approximately $25,000. United Financial Planning Group LLC bought a new position in SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter worth $25,000. Clayton Financial Group LLC bought a new position in SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter worth $26,000. Financial Life Planners acquired a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the third quarter worth $26,000. Finally, Hantz Financial Services Inc. boosted its position in shares of 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 acquiring an additional 216 shares during the period.

About SPDR Portfolio S&P 500 Growth ETF

(Get Free Report)

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.

See Also

Receive News & Ratings for SPDR Portfolio S&P 500 Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR Portfolio S&P 500 Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.