SPDR S&P 500 ESG ETF (NYSEARCA:EFIV) Short Interest Down 47.6% in January

SPDR S&P 500 ESG ETF (NYSEARCA:EFIV) was the target of a large decline in short interest during the month of January. As of January 30th, there was short interest totaling 38,010 shares, a decline of 47.6% from the January 15th total of 72,529 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average trading volume of 71,439 shares, the short-interest ratio is presently 0.5 days. Based on an average trading volume of 71,439 shares, the short-interest ratio is presently 0.5 days. Approximately 0.3% of the shares of the stock are sold short.

SPDR S&P 500 ESG ETF Stock Down 0.2%

SPDR S&P 500 ESG ETF stock traded down $0.15 during trading hours on Friday, hitting $66.46. The stock had a trading volume of 22,147 shares, compared to its average volume of 52,145. The business’s 50 day simple moving average is $66.72 and its 200-day simple moving average is $64.44. SPDR S&P 500 ESG ETF has a one year low of $46.17 and a one year high of $68.11. The stock has a market cap of $990.25 million, 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 have recently added to or reduced their stakes in the business. Rossby Financial LCC bought a new position in SPDR S&P 500 ESG ETF during the third quarter worth $37,000. Geneos Wealth Management Inc. grew its holdings in 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 acquiring an additional 458 shares during the period. Elevation Point Wealth Partners LLC bought a new position in shares of SPDR S&P 500 ESG ETF in the 2nd quarter worth about $65,000. Milestone Investment Advisors LLC lifted its stake in shares of SPDR S&P 500 ESG ETF by 24.0% in the 4th quarter. Milestone Investment Advisors LLC now owns 1,017 shares of the company’s stock valued at $67,000 after purchasing an additional 197 shares during the period. Finally, Kestra Advisory Services LLC acquired a new position in shares of SPDR S&P 500 ESG ETF in the 4th quarter valued at about $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.