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

SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG) shares saw unusually-strong trading volume on Tuesday . Approximately 6,262,126 shares changed hands during mid-day trading, an increase of 316% from the previous session’s volume of 1,504,070 shares.The stock last traded at $38.83 and had previously closed at $38.28.

The company’s 50 day moving average is $39.20.

Several large investors have recently bought and sold shares of the stock. Envestnet Asset Management Inc. boosted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 37.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 12,549,692 shares of the company’s stock worth $486,050,000 after purchasing an additional 3,416,210 shares during the period. Horizon Investments LLC boosted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 43.0% during the 1st quarter. Horizon Investments LLC now owns 7,191,589 shares of the company’s stock worth $267,599,000 after purchasing an additional 2,162,335 shares during the period. Advisor Group Inc. boosted its position in shares of SPDR Portfolio S&P 500 Growth ETF by 41.5% during the 2nd quarter. Advisor Group Inc. now owns 4,541,162 shares of the company’s stock worth $175,895,000 after purchasing an additional 1,331,705 shares during the period. PFS Investments Inc. lifted its holdings in SPDR Portfolio S&P 500 Growth ETF by 19.5% during the 2nd quarter. PFS Investments Inc. now owns 3,456,220 shares of the company’s stock worth $136,417,000 after buying an additional 564,386 shares in the last quarter. Finally, Clark Capital Management Group Inc. lifted its holdings in SPDR Portfolio S&P 500 Growth ETF by 31.4% during the 2nd quarter. Clark Capital Management Group Inc. now owns 2,998,649 shares of the company’s stock worth $116,138,000 after buying an additional 716,373 shares in the last quarter.

About SPDR Portfolio S&P 500 Growth ETF (NYSEARCA:SPYG)

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).

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