SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) Short Interest Down 87.1% in January

SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) was the target of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totaling 1,032,849 shares, a decrease of 87.1% from the December 31st total of 8,014,829 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average trading volume of 4,135,957 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 4,135,957 shares, the short-interest ratio is currently 0.2 days. Currently, 0.2% of the shares of the company are sold short.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Allworth Financial LP raised its holdings in SPDR Portfolio S&P 500 Growth ETF by 0.4% during the 3rd quarter. Allworth Financial LP now owns 11,394,840 shares of the company’s stock worth $1,190,875,000 after buying an additional 45,989 shares during the period. Envestnet Asset Management Inc. raised its stake in SPDR Portfolio S&P 500 Growth ETF by 7.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 10,982,338 shares of the company’s stock valued at $1,147,764,000 after purchasing an additional 754,395 shares during the period. Ameriprise Financial Inc. lifted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 0.6% in the third quarter. Ameriprise Financial Inc. now owns 9,914,602 shares of the company’s stock valued at $1,036,342,000 after purchasing an additional 61,348 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 3.6% during the second quarter. JPMorgan Chase & Co. now owns 5,642,681 shares of the company’s stock valued at $537,860,000 after buying an additional 198,401 shares in the last quarter. Finally, HB Wealth Management LLC raised its position in SPDR Portfolio S&P 500 Growth ETF by 0.3% during the fourth quarter. HB Wealth Management LLC now owns 4,781,932 shares of the company’s stock valued at $489,308,000 after buying an additional 12,568 shares during the period.

SPDR Portfolio S&P 500 Growth ETF Trading Up 0.1%

SPDR Portfolio S&P 500 Growth ETF stock traded up $0.13 during midday trading on Wednesday, reaching $108.79. 3,883,205 shares of the stock traded hands, compared to its average volume of 4,458,568. The firm has a fifty day moving average price of $106.75 and a two-hundred day moving average price of $103.84. SPDR Portfolio S&P 500 Growth ETF has a fifty-two week low of $68.65 and a fifty-two week high of $109.63. The firm has a market cap of $46.15 billion, a price-to-earnings ratio of 32.28 and a beta of 1.11.

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.