SPDR S&P 500 ESG ETF (NYSEARCA:EFIV) Sees Large Decline in Short Interest

SPDR S&P 500 ESG ETF (NYSEARCA:EFIV) was the target of a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 32,022 shares, a decrease of 38.2% from the June 15th total of 51,807 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 21,165 shares, the short-interest ratio is presently 1.5 days.

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

A number of large investors have recently added to or reduced their stakes in the business. Veracity Capital LLC boosted its stake in SPDR S&P 500 ESG ETF by 1.3% in the 4th quarter. Veracity Capital LLC now owns 12,348 shares of the company’s stock worth $817,000 after buying an additional 158 shares during the last quarter. CreativeOne Wealth LLC lifted its holdings in shares of SPDR S&P 500 ESG ETF by 2.9% during the 4th quarter. CreativeOne Wealth LLC now owns 5,676 shares of the company’s stock worth $375,000 after acquiring an additional 158 shares during the period. Milestone Investment Advisors LLC lifted its holdings in shares of 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 worth $67,000 after acquiring an additional 197 shares during the period. Brave Asset Management Inc. boosted its position in shares of SPDR S&P 500 ESG ETF by 3.6% in the first quarter. Brave Asset Management Inc. now owns 5,615 shares of the company’s stock worth $354,000 after acquiring an additional 197 shares during the last quarter. Finally, Larson Financial Group LLC boosted its position in shares of SPDR S&P 500 ESG ETF by 0.8% in the third quarter. Larson Financial Group LLC now owns 24,821 shares of the company’s stock worth $1,578,000 after acquiring an additional 199 shares during the last quarter.

SPDR S&P 500 ESG ETF Stock Performance

EFIV stock traded down $0.83 during midday trading on Friday, hitting $71.62. 12,322 shares of the stock were exchanged, compared to its average volume of 50,064. The stock has a market cap of $1.07 billion, a price-to-earnings ratio of 24.61 and a beta of 1.00. SPDR S&P 500 ESG ETF has a fifty-two week low of $58.99 and a fifty-two week high of $73.74. The stock’s 50-day moving average price is $72.23 and its 200-day moving average price is $68.53.

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.