SPDR S&P 500 ESG ETF (NYSEARCA:EFIV – Get Free Report) was the target of a significant increase in short interest in September. As of September 30th, there was short interest totaling 24,335 shares, an increase of 159.4% from the September 15th total of 9,382 shares. Based on an average daily trading volume, of 35,816 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.2% of the company’s stock are sold short.
Institutional Investors Weigh In On SPDR S&P 500 ESG ETF
Institutional investors have recently added to or reduced their stakes in the business. Tompkins Financial Corp acquired a new position in SPDR S&P 500 ESG ETF in the third quarter worth about $31,046,000. Gradient Investments LLC acquired a new stake in SPDR S&P 500 ESG ETF during the third quarter worth about $4,430,000. MassMutual Private Wealth & Trust FSB acquired a new position in SPDR S&P 500 ESG ETF in the third quarter valued at approximately $2,741,000. Principal Financial Group Inc. grew its holdings in shares of 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 purchasing an additional 32,030 shares during the last quarter. Finally, Bank of America Corp DE raised its position in shares of SPDR S&P 500 ESG ETF by 51.3% during the 1st quarter. Bank of America Corp DE now owns 57,566 shares of the company’s stock worth $3,631,000 after purchasing an additional 19,518 shares during the period.
SPDR S&P 500 ESG ETF Stock Performance
Shares of NYSEARCA:EFIV traded down $0.77 during trading hours on Wednesday, reaching $74.47. The stock had a trading volume of 34,863 shares, compared to its average volume of 44,120. The stock has a market capitalization of $1.01 billion, a price-to-earnings ratio of 24.61 and a beta of 1.01. The firm’s 50 day moving average is $74.83 and its 200-day moving average is $72.00. SPDR S&P 500 ESG ETF has a 1 year low of $61.10 and a 1 year high of $76.28.
SPDR S&P 500 ESG ETF Company Profile
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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