SPDR S&P 500 ESG ETF (NYSEARCA:EFIV) Short Interest Update

SPDR S&P 500 ESG ETF (NYSEARCA:EFIV) was the recipient of a significant decrease in short interest in December. As of December 31st, there was short interest totaling 41,194 shares, a decrease of 27.2% from the December 15th total of 56,603 shares. Based on an average daily trading volume, of 65,315 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.2% of the company’s stock are sold short. Currently, 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 65,315 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Rossby Financial LCC acquired a new position in shares of SPDR S&P 500 ESG ETF in the 3rd quarter valued at about $37,000. Geneos Wealth Management Inc. raised its position in shares of SPDR S&P 500 ESG ETF by 193.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 695 shares of the company’s stock worth $37,000 after purchasing an additional 458 shares during the period. Elevation Point Wealth Partners LLC bought a new stake in shares of SPDR S&P 500 ESG ETF in the 2nd quarter worth approximately $65,000. Valley National Advisers Inc. acquired a new position in SPDR S&P 500 ESG ETF during the 2nd quarter valued at approximately $109,000. Finally, Schmidt P J Investment Management Inc. acquired a new position in SPDR S&P 500 ESG ETF during the 2nd quarter valued at approximately $203,000.

SPDR S&P 500 ESG ETF Price Performance

Shares of EFIV stock traded down $0.06 on Friday, hitting $66.92. 7,645 shares of the stock traded hands, compared to its average volume of 28,040. The company’s fifty day moving average is $65.91 and its 200 day moving average is $63.34. SPDR S&P 500 ESG ETF has a 1-year low of $46.17 and a 1-year high of $67.37. The company has a market capitalization of $1.16 billion, a PE ratio of 24.61 and a beta of 1.01.

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.