SPDR S&P 500 ESG ETF (NYSEARCA:EFIV) Sets New 1-Year High – Here’s What Happened

SPDR S&P 500 ESG ETF (NYSEARCA:EFIV)’s stock price hit a new 52-week high on Tuesday . The company traded as high as $66.98 and last traded at $66.9940, with a volume of 16709 shares traded. The stock had previously closed at $66.68.

SPDR S&P 500 ESG ETF Trading Up 0.6%

The firm’s 50-day moving average is $65.58 and its 200-day moving average is $62.82. The firm has a market cap of $1.16 billion, a price-to-earnings ratio of 24.61 and a beta of 1.01.

Institutional Investors Weigh In On SPDR S&P 500 ESG ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Goldman Sachs Group Inc. lifted its position in SPDR S&P 500 ESG ETF by 537.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 56,242 shares of the company’s stock valued at $3,009,000 after acquiring an additional 47,425 shares in the last quarter. Jane Street Group LLC raised its stake in shares of SPDR S&P 500 ESG ETF by 21.5% in the first quarter. Jane Street Group LLC now owns 21,471 shares of the company’s stock worth $1,149,000 after purchasing an additional 3,795 shares during the last quarter. Geneos Wealth Management Inc. lifted 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 valued at $37,000 after purchasing an additional 458 shares in the last quarter. Birchbrook Inc. purchased a new position in shares of SPDR S&P 500 ESG ETF during the first quarter valued at approximately $1,054,000. Finally, Richard P Slaughter Associates Inc boosted its position in shares of SPDR S&P 500 ESG ETF by 43.9% during the second quarter. Richard P Slaughter Associates Inc now owns 30,294 shares of the company’s stock valued at $1,774,000 after buying an additional 9,247 shares during the last quarter.

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.