SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) Sees Large Volume Increase

SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) saw unusually-strong trading volume on Monday . Approximately 6,666,356 shares traded hands during trading, an increase of 263% from the previous session’s volume of 1,838,793 shares.The stock last traded at $62.96 and had previously closed at $62.39.

SPDR Portfolio S&P 500 Growth ETF Price Performance

The stock has a market capitalization of $18.61 billion, a PE ratio of 20.70 and a beta of 1.05. The firm’s 50 day simple moving average is $60.12 and its 200 day simple moving average is $60.05.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in SPYG. Stonebridge Capital Advisors LLC purchased a new position in shares of SPDR Portfolio S&P 500 Growth ETF in the second quarter worth $25,000. Retirement Group LLC purchased a new position in SPDR Portfolio S&P 500 Growth ETF during the 4th quarter valued at $27,000. Indiana Trust & Investment Management CO purchased a new position in SPDR Portfolio S&P 500 Growth ETF during the 3rd quarter valued at $28,000. Hollencrest Capital Management purchased a new position in SPDR Portfolio S&P 500 Growth ETF during the 1st quarter valued at $28,000. Finally, Tucker Asset Management LLC increased its position in SPDR Portfolio S&P 500 Growth ETF by 958.8% during the 2nd quarter. Tucker Asset Management LLC now owns 540 shares of the company’s stock valued at $33,000 after purchasing an additional 489 shares during the period.

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).