SPDR S&P 500 ESG ETF (NYSEARCA:EFIV – Get Free Report) saw a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 7,332 shares, a decrease of 69.9% from the September 30th total of 24,335 shares. Based on an average trading volume of 69,681 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s shares are short sold.
SPDR S&P 500 ESG ETF Stock Down 1.6%
Shares of EFIV stock traded down $1.22 during trading hours on Friday, hitting $72.78. 78,087 shares of the company were exchanged, compared to its average volume of 49,149. The firm has a fifty day moving average of $74.54 and a 200 day moving average of $70.70. SPDR S&P 500 ESG ETF has a 1 year low of $61.10 and a 1 year high of $76.28. The firm has a market cap of $1.04 billion, a PE ratio of 24.61 and a beta of 1.01.
Institutional Trading of SPDR S&P 500 ESG ETF
Several institutional investors have recently made changes to their positions in EFIV. Tompkins Financial Corp acquired a new position in shares of SPDR S&P 500 ESG ETF in the 3rd quarter valued at about $31,046,000. Gradient Investments LLC purchased a new position in SPDR S&P 500 ESG ETF in the third quarter valued at approximately $4,430,000. MassMutual Private Wealth & Trust FSB purchased a new position in SPDR S&P 500 ESG ETF in the third quarter valued at approximately $2,741,000. Principal Financial Group Inc. lifted its position in SPDR S&P 500 ESG ETF by 20.8% during the first quarter. Principal Financial Group Inc. now owns 186,007 shares of the company’s stock valued at $11,733,000 after buying an additional 32,030 shares in the last quarter. Finally, Bank of America Corp DE lifted its position in SPDR S&P 500 ESG ETF by 51.3% during the first quarter. Bank of America Corp DE now owns 57,566 shares of the company’s stock valued at $3,631,000 after buying an additional 19,518 shares in the last quarter.
About SPDR S&P 500 ESG ETF
The SPDR S&P 500 ESG ETF (EFIV) is an exchange-traded fund that is based on the S&P 500 ESG index. The fund tracks a market-cap weighted index of S&P 500 stocks that are screened for sustainability criteria related to ESG factors. EFIV was launched on Jul 27, 2020 and is managed by State Street.
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