SPDR S&P 500 ESG ETF (NYSEARCA:EFIV) Short Interest Up 36.6% in February

SPDR S&P 500 ESG ETF (NYSEARCA:EFIV) saw a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 51,920 shares, an increase of 36.6% from the January 29th total of 38,010 shares. Based on an average trading volume of 55,004 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.3% of the shares of the company are sold short. Currently, 0.3% of the shares of the company are sold short. Based on an average trading volume of 55,004 shares, the days-to-cover ratio is presently 0.9 days.

SPDR S&P 500 ESG ETF Price Performance

Shares of EFIV traded up $0.41 during trading hours on Wednesday, reaching $66.69. 26,163 shares of the company’s stock traded hands, compared to its average volume of 45,817. SPDR S&P 500 ESG ETF has a twelve month low of $46.17 and a twelve month high of $68.11. The firm has a market capitalization of $993.68 million, a price-to-earnings ratio of 24.61 and a beta of 1.01. The business’s fifty day simple moving average is $66.95 and its two-hundred day simple moving average is $65.00.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Gilbert Capital Group Inc. bought a new position in shares of SPDR S&P 500 ESG ETF in the 2nd quarter valued at about $1,838,000. Good Life Advisors LLC grew its holdings in SPDR S&P 500 ESG ETF by 25.4% in the 2nd quarter. Good Life Advisors LLC now owns 6,505 shares of the company’s stock valued at $381,000 after buying an additional 1,316 shares in the last quarter. Baltimore Washington Financial Advisors Inc. boosted its position in shares of SPDR S&P 500 ESG ETF by 0.3% in the second quarter. Baltimore Washington Financial Advisors Inc. now owns 379,823 shares of the company’s stock valued at $22,239,000 after acquiring an additional 1,230 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in shares of SPDR S&P 500 ESG ETF by 175.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 55,930 shares of the company’s stock worth $3,275,000 after purchasing an additional 35,657 shares during the period. Finally, Thompson Davis & CO. Inc. acquired a new stake in SPDR S&P 500 ESG ETF during the second quarter worth approximately $227,000.

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.