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

SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) was the target of a large drop in short interest in the month of January. As of January 30th, there was short interest totaling 778,614 shares, a drop of 24.6% from the January 15th total of 1,032,849 shares. Based on an average daily volume of 4,941,352 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.2% of the company’s stock are short sold. Currently, 0.2% of the company’s stock are short sold. Based on an average daily 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

Shares of NYSEARCA SPYG traded down $0.44 during mid-day trading on Friday, reaching $103.01. 10,378,021 shares of the company’s stock traded hands, compared to its average volume of 5,399,147. The business has a 50-day simple moving average of $106.67 and a 200 day simple moving average of $104.53. The stock has a market cap of $43.93 billion, a P/E 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.

Institutional Trading of SPDR Portfolio S&P 500 Growth ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Jacobi Capital Management LLC raised its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 2.7% in the fourth quarter. Jacobi Capital Management LLC now owns 5,875 shares of the company’s stock worth $627,000 after purchasing an additional 155 shares during the last quarter. Kestra Advisory Services LLC grew its holdings in SPDR Portfolio S&P 500 Growth ETF by 19.9% during the fourth quarter. Kestra Advisory Services LLC now owns 745,120 shares of the company’s stock worth $79,504,000 after buying an additional 123,645 shares in the last quarter. Rosenblum Silverman Sutton S F Inc. CA grew its holdings in SPDR Portfolio S&P 500 Growth ETF by 13.2% during the fourth quarter. Rosenblum Silverman Sutton S F Inc. CA now owns 8,170 shares of the company’s stock worth $872,000 after buying an additional 955 shares in the last quarter. Johnson Investment Counsel Inc. raised its position in SPDR Portfolio S&P 500 Growth ETF by 55.8% in the 4th quarter. Johnson Investment Counsel Inc. now owns 5,254 shares of the company’s stock valued at $561,000 after buying an additional 1,881 shares during the last quarter. Finally, Inspire Advisors LLC lifted its stake in SPDR Portfolio S&P 500 Growth ETF by 7.7% during the 4th quarter. Inspire Advisors LLC now owns 41,781 shares of the company’s stock valued at $4,458,000 after acquiring an additional 2,985 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.