SPDR Portfolio S&P 500 Growth (SPYG) breaks below 200-day moving average

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December 5, 2018 1:24pm NYSE:SPYG

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From ETF Channel: In trading on Tuesday, shares of the SPDR Portfolio S&P 500 Growth ETF (Symbol: SPYG) crossed below their 200 dayaverage of $35.67.


SPYG changed hands as low as $34.96 per share. SPDR Portfolio S&P 500 Growth shares are currently trading off about 3.3% on the day. The chart below shows the one year performance of SPYG shares, versus its 200 day moving average:

Looking at the chart above, SPYG’s low point in its 52 week range is $31.69 per share, with $38.55 as the 52 week high point — that compares with a last trade of $34.99.


The SPDR Portfolio S&P 500 Growth ETF (SPYG) was trading at $34.92 per share on Wednesday afternoon, down $1.28 (-3.54%). Year-to-date, SPYG has gained 6.12%, versus a 1.68% rise in the benchmark S&P 500 index during the same period.

SPYG currently has an ETF Daily News SMART Grade of A (Strong Buy), and is ranked #10 of 41 ETFs in the Large Cap Growth ETFs category.


This article is brought to you courtesy of ETF Channel.


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