Short Interest in SPDR S&P 500 ESG ETF (NYSEARCA:EFIV) Decreases By 63.5%

SPDR S&P 500 ESG ETF (NYSEARCA:EFIVGet Free Report) was the target of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 8,843 shares, a decrease of 63.5% from the August 15th total of 24,259 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 29,874 shares, the short-interest ratio is currently 0.3 days.

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

A number of hedge funds have recently made changes to their positions in the stock. Larson Financial Group LLC grew its stake in SPDR S&P 500 ESG ETF by 32.6% during the fourth quarter. Larson Financial Group LLC now owns 32,920 shares of the company’s stock worth $2,178,000 after purchasing an additional 8,099 shares during the period. Huntington National Bank lifted its stake in SPDR S&P 500 ESG ETF by 58.2% in the fourth quarter. Huntington National Bank now owns 23,851 shares of the company’s stock valued at $1,578,000 after buying an additional 8,771 shares during the period. Napier Financial LLC acquired a new position in SPDR S&P 500 ESG ETF in the fourth quarter valued at approximately $1,647,000. Meitav Investment House Ltd. boosted its holdings in shares of SPDR S&P 500 ESG ETF by 84.2% during the 1st quarter. Meitav Investment House Ltd. now owns 39,590 shares of the company’s stock worth $2,440,000 after buying an additional 18,100 shares in the last quarter. Finally, Principal Financial Group Inc. boosted its holdings in shares of SPDR S&P 500 ESG ETF by 20.8% during the 1st quarter. Principal Financial Group Inc. now owns 186,007 shares of the company’s stock worth $11,733,000 after buying an additional 32,030 shares in the last quarter.

SPDR S&P 500 ESG ETF Trading Down 0.5%

NYSEARCA:EFIV traded down $0.35 during trading hours on Tuesday, hitting $73.45. 8,233 shares of the company were exchanged, compared to its average volume of 45,697. The stock has a market capitalization of $1.01 billion, a price-to-earnings ratio of 24.61 and a beta of 1.00. SPDR S&P 500 ESG ETF has a one year low of $61.10 and a one year high of $76.28. The company has a fifty day simple moving average of $73.85 and a 200 day simple moving average of $70.63.

SPDR S&P 500 ESG ETF Company Profile

(Get Free Report)

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.

Further Reading

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