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

Shares of SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) saw an uptick in trading volume on Monday . 2,085,745 shares changed hands during mid-day trading, a decline of 8% from the previous session’s volume of 2,258,373 shares.The stock last traded at $80.12 and had previously closed at $80.13.

SPDR Portfolio S&P 500 Growth ETF Stock Up 0.9 %

The firm has a market capitalization of $27.94 billion, a P/E ratio of 27.22 and a beta of 1.14. The firm has a 50 day moving average of $76.07 and a 200-day moving average of $71.79.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Hudson Valley Investment Advisors Inc. ADV increased its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 39.3% during the second quarter. Hudson Valley Investment Advisors Inc. ADV now owns 9,887 shares of the company’s stock worth $792,000 after buying an additional 2,791 shares in the last quarter. Transcend Capital Advisors LLC increased its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 5.1% during the second quarter. Transcend Capital Advisors LLC now owns 86,551 shares of the company’s stock worth $6,935,000 after buying an additional 4,174 shares in the last quarter. Confluence Investment Management LLC increased its holdings in shares of SPDR Portfolio S&P 500 Growth ETF by 13.7% during the second quarter. Confluence Investment Management LLC now owns 143,572 shares of the company’s stock worth $11,504,000 after buying an additional 17,327 shares in the last quarter. Michael S. Ryan Inc. increased its holdings in SPDR Portfolio S&P 500 Growth ETF by 28.3% in the second quarter. Michael S. Ryan Inc. now owns 97,680 shares of the company’s stock valued at $7,827,000 after purchasing an additional 21,566 shares during the period. Finally, Quent Capital LLC increased its holdings in SPDR Portfolio S&P 500 Growth ETF by 2.8% in the first quarter. Quent Capital LLC now owns 117,651 shares of the company’s stock valued at $8,606,000 after purchasing an additional 3,223 shares during the period.

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).