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

SPDR S&P 500 ESG ETF (NYSEARCA:EFIV) was the target of a large decline in short interest in July. As of July 31st, there was short interest totaling 23,949 shares, a decline of 37.3% from the July 15th total of 38,186 shares. Based on an average daily trading volume, of 127,908 shares, the short-interest ratio is presently 0.2 days. Approximately 0.2% of the shares of the stock are short sold.

SPDR S&P 500 ESG ETF Stock Performance

SPDR S&P 500 ESG ETF stock opened at $75.26 on Thursday. SPDR S&P 500 ESG ETF has a fifty-two week low of $60.44 and a fifty-two week high of $76.28. The stock has a market cap of $1.03 billion, a P/E ratio of 24.61 and a beta of 1.00. The firm’s fifty day moving average price is $72.99 and its 200-day moving average price is $69.65.

Hedge Funds Weigh In On SPDR S&P 500 ESG ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Geneos Wealth Management Inc. increased its holdings in shares of SPDR S&P 500 ESG ETF by 193.2% in the first quarter. Geneos Wealth Management Inc. now owns 695 shares of the company’s stock worth $37,000 after buying an additional 458 shares during the period. Rossby Financial LCC boosted its holdings in SPDR S&P 500 ESG ETF by 57.6% during the 4th quarter. Rossby Financial LCC now owns 908 shares of the company’s stock valued at $60,000 after acquiring an additional 332 shares during the period. Milestone Investment Advisors LLC boosted its holdings in SPDR S&P 500 ESG ETF by 24.0% during the 4th quarter. Milestone Investment Advisors LLC now owns 1,017 shares of the company’s stock valued at $67,000 after acquiring an additional 197 shares during the period. Western Wealth Management LLC bought a new position in SPDR S&P 500 ESG ETF during the 1st quarter worth approximately $118,000. Finally, Kestra Advisory Services LLC bought a new position in SPDR S&P 500 ESG ETF during the 4th quarter worth approximately $165,000.

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.