SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) Short Interest Down 29.2% in February

SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) saw a large decline in short interest in the month of February. As of February 27th, there was short interest totaling 773,189 shares, a decline of 29.2% from the February 12th total of 1,091,369 shares. Based on an average trading volume of 6,299,175 shares, the days-to-cover ratio is currently 0.1 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 6,299,175 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Trading of SPDR Portfolio S&P 500 Growth ETF

A number of hedge funds have recently made changes to their positions in SPYG. Whittier Trust Co. raised its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 10.2% during the fourth quarter. Whittier Trust Co. now owns 1,040 shares of the company’s stock worth $112,000 after acquiring an additional 96 shares in the last quarter. Providence Capital Advisors LLC lifted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 10.6% during the 3rd quarter. Providence Capital Advisors LLC now owns 1,010 shares of the company’s stock worth $106,000 after purchasing an additional 97 shares during the last quarter. Valeo Financial Advisors LLC boosted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 0.3% in the second quarter. Valeo Financial Advisors LLC now owns 31,788 shares of the company’s stock valued at $3,030,000 after acquiring an additional 98 shares during the period. Flputnam Investment Management Co. boosted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 2.1% in the third quarter. Flputnam Investment Management Co. now owns 4,673 shares of the company’s stock valued at $488,000 after acquiring an additional 98 shares during the period. Finally, Thoroughbred Financial Services LLC grew its stake in shares of SPDR Portfolio S&P 500 Growth ETF by 0.6% in the fourth quarter. Thoroughbred Financial Services LLC now owns 17,381 shares of the company’s stock worth $1,854,000 after acquiring an additional 99 shares during the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

Shares of SPYG stock traded down $1.00 during mid-day trading on Friday, hitting $101.09. 8,432,430 shares of the stock traded hands, compared to its average volume of 6,450,011. The company’s 50-day simple moving average is $105.34 and its 200-day simple moving average is $105.16. The firm has a market cap of $43.11 billion, a price-to-earnings ratio of 32.28 and a beta of 1.11. SPDR Portfolio S&P 500 Growth ETF has a twelve month low of $68.65 and a twelve month 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.