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 increase in short interest in April. As of April 15th, there was short interest totaling 1,574,188 shares, an increase of 41.1% from the March 31st total of 1,115,654 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 3,807,430 shares, the short-interest ratio is currently 0.4 days.

Institutional Trading of SPDR Portfolio S&P 500 Growth ETF

Several institutional investors and hedge funds have recently modified their holdings of SPYG. Morgan Stanley lifted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 95.9% in the fourth quarter. Morgan Stanley now owns 16,219,528 shares of the company’s stock valued at $1,730,624,000 after purchasing an additional 7,939,766 shares in the last quarter. Vantagepoint Investment Advisers LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the third quarter valued at about $469,042,000. Allworth Financial LP lifted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 8.7% in the fourth quarter. Allworth Financial LP now owns 12,384,946 shares of the company’s stock valued at $1,321,474,000 after purchasing an additional 990,106 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 7.4% in the third 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 in the last quarter. Finally, Miracle Mile Advisors LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 3,540.8% in the third quarter. Miracle Mile Advisors LLC now owns 708,945 shares of the company’s stock valued at $74,092,000 after purchasing an additional 689,473 shares in the last quarter.

SPDR Portfolio S&P 500 Growth ETF Stock Performance

SPYG stock traded up $0.87 during trading on Thursday, reaching $112.39. 3,591,148 shares of the company were exchanged, compared to its average volume of 5,603,381. The company has a market cap of $49.48 billion, a P/E ratio of 32.28 and a beta of 1.15. SPDR Portfolio S&P 500 Growth ETF has a 52-week low of $82.53 and a 52-week high of $112.98. The stock’s 50 day moving average price is $104.06 and its 200 day moving average price is $105.46.

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.