SPYG Stock Summary and Trading Ideas (SPDR Series Trust SPDR Portfolio S&P 500 Growth ETF | ARCA:SPYG)

The SPDR Portfolio S&P 500 Growth ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the S&P 500 Growth Index (the "Index"). The S&P 500 Growth Index measures the performance of the large-capitalization growth sector in the U.S. equity market. The selection universe for the S&P 500 Index includes all U.S. common equities listed on the NYSE, NASDAQ Global Select Market, NASDAQ Select Market and NASDAQ Capital Market with market capitalizations of $5.3 billion or more. The Index is market capitalization weighted.

SPDR Series Trust SPDR Portfolio S&P 500 Growth ETF trades on the ARCA stock market under the symbol SPYG.

As of April 17, 2024, SPYG stock price declined to $70.66 with 2,468,562 million shares trading.

SPYG has a beta of 1.04, meaning it tends to be more sensitive to market movements. SPYG has a correlation of 0.88 to the broad based SPY ETF.

SPYG has a market cap of $24.12 billion. This is considered a Large Cap stock.

In the last 3 years, SPYG stock traded as high as $74.10 and as low as $47.91.

SPYG has outperformed the market in the last year with a price return of +27.5% while the SPY ETF gained +23.0%. SPYG has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +8.0% and -2.9%, respectively, while the SPY returned +5.7% and -3.5%, respectively.

SPYG support price is $70.63 and resistance is $72.07 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SPYG stock will trade within this expected range on the day.