SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) Sees Strong Trading Volume

SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) saw an uptick in trading volume on Tuesday . 8,841,399 shares changed hands during mid-day trading, an increase of 282% from the previous session’s volume of 2,316,354 shares.The stock last traded at $81.18 and had previously closed at $80.96.

SPDR Portfolio S&P 500 Growth ETF Trading Down 0.0 %

The stock’s 50 day moving average is $78.94 and its 200-day moving average is $73.52. The company has a market cap of $27.79 billion, a P/E ratio of 27.22 and a beta of 1.14.

Institutional Investors Weigh In On SPDR Portfolio S&P 500 Growth ETF

Several institutional investors and hedge funds have recently made changes to their positions in SPYG. Northwest Investment Counselors LLC bought a new stake in SPDR Portfolio S&P 500 Growth ETF in the 1st quarter worth about $26,000. Crewe Advisors LLC purchased a new stake in shares of SPDR Portfolio S&P 500 Growth ETF during the 1st quarter valued at about $28,000. Pineridge Advisors LLC bought a new stake in shares of SPDR Portfolio S&P 500 Growth ETF in the fourth quarter worth approximately $31,000. Headlands Technologies LLC purchased a new stake in SPDR Portfolio S&P 500 Growth ETF during the 4th quarter valued at $32,000. Finally, EdgeRock Capital LLC bought a new position in SPDR Portfolio S&P 500 Growth ETF in the fourth quarter valued at about $34,000.

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).