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

SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) was the recipient 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. Based on an average daily volume of 2,656,709 shares, the short-interest ratio is presently 0.4 days. Currently, 0.3% of the company’s stock are sold short.

Institutional Trading of SPDR Portfolio S&P 500 Growth ETF

Several hedge funds have recently bought and sold shares of SPYG. Brighton Jones LLC increased its position in shares of SPDR Portfolio S&P 500 Growth ETF by 6.9% during the fourth quarter. Brighton Jones LLC now owns 3,152 shares of the company’s stock worth $277,000 after acquiring an additional 204 shares in the last quarter. AQR Capital Management LLC increased its holdings in SPDR Portfolio S&P 500 Growth ETF by 91.0% during the 1st quarter. AQR Capital Management LLC now owns 60,022 shares of the company’s stock worth $4,824,000 after purchasing an additional 28,598 shares in the last quarter. Russell Investments Group Ltd. raised its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 138.0% in the second quarter. Russell Investments Group Ltd. now owns 545 shares of the company’s stock worth $52,000 after purchasing an additional 316 shares during the last quarter. First Trust Advisors LP purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the second quarter worth approximately $732,000. Finally, Gamco Investors INC. ET AL bought a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the second quarter valued at approximately $357,000.

SPDR Portfolio S&P 500 Growth ETF Stock Down 1.3%

NYSEARCA:SPYG traded down $1.60 on Tuesday, hitting $120.88. The stock had a trading volume of 1,154,939 shares, compared to its average volume of 4,142,993. SPDR Portfolio S&P 500 Growth ETF has a 52 week low of $93.61 and a 52 week high of $124.04. The business’s fifty day moving average is $118.32 and its 200 day moving average is $111.77. The company has a market cap of $53.51 billion, a PE ratio of 32.28 and a beta of 1.17.

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.