Short Interest in SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) Increases By 40.2%

SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) was the target of a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 1,091,369 shares, an increase of 40.2% from the January 29th total of 778,614 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily trading volume, of 7,120,350 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 7,120,350 shares, the short-interest ratio is presently 0.2 days. Approximately 0.3% of the company’s stock are sold short.

Institutional Trading of SPDR Portfolio S&P 500 Growth ETF

Several institutional investors have recently made changes to their positions in the stock. Tempo Wealth LLC purchased a new stake in SPDR Portfolio S&P 500 Growth ETF in the 4th quarter worth approximately $19,740,000. MidFirst Bank purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF during the 4th quarter valued at $5,449,000. DGS Capital Management LLC increased its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 1.2% in the fourth quarter. DGS Capital Management LLC now owns 10,616 shares of the company’s stock worth $1,133,000 after acquiring an additional 127 shares during the last quarter. Macco Financial Group Inc. purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the fourth quarter worth $8,311,000. Finally, Stone Wealth Partners purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the fourth quarter worth $13,545,000.

SPDR Portfolio S&P 500 Growth ETF Trading Down 0.9%

NYSEARCA:SPYG opened at $103.57 on Monday. The business’s fifty day moving average price is $106.23 and its 200 day moving average price is $104.94. The firm has a market capitalization of $44.17 billion, a price-to-earnings ratio of 32.28 and a beta of 1.11. SPDR Portfolio S&P 500 Growth ETF has a 1-year low of $68.65 and a 1-year high of $109.63.

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.