SPDR MSCI ACWI Climate Paris Aligned ETF (NASDAQ:NZAC) Stock Short Interest Report for October

SPDR MSCI ACWI Climate Paris Aligned ETF (NASDAQ:NZAC) saw a large decline in short interest in October. As of October 15th, there was short interest totaling 2,132 shares, a decline of 83.1% from the September 30th total of 12,630 shares. Based on an average daily volume of 4,355 shares, the short-interest ratio is presently 0.5 days. Approximately 0.1% of the shares of the stock are short sold.

SPDR MSCI ACWI Climate Paris Aligned ETF Stock Up 0.7%

NZAC stock traded up $0.30 during midday trading on Tuesday, hitting $46.41. The company’s stock had a trading volume of 1,826 shares, compared to its average volume of 8,587. SPDR MSCI ACWI Climate Paris Aligned ETF has a 12 month low of $39.32 and a 12 month high of $47.56. The firm has a market capitalization of $194.90 million, a price-to-earnings ratio of 23.74 and a beta of 0.95. The company has a 50 day moving average of $46.73 and a two-hundred day moving average of $44.84.

Hedge Funds Weigh In On SPDR MSCI ACWI Climate Paris Aligned ETF

Several hedge funds have recently modified their holdings of NZAC. Envestnet Asset Management Inc. boosted its position in shares of SPDR MSCI ACWI Climate Paris Aligned ETF by 18.7% during the second quarter. Envestnet Asset Management Inc. now owns 62,003 shares of the company’s stock worth $2,847,000 after acquiring an additional 9,772 shares during the last quarter. JNBA Financial Advisors purchased a new position in SPDR MSCI ACWI Climate Paris Aligned ETF during the second quarter valued at $33,000. MRA Advisory Group purchased a new position in SPDR MSCI ACWI Climate Paris Aligned ETF during the second quarter valued at $180,000. Finally, PNC Financial Services Group Inc. increased its holdings in SPDR MSCI ACWI Climate Paris Aligned ETF by 1.2% in the 1st quarter. PNC Financial Services Group Inc. now owns 190,081 shares of the company’s stock valued at $7,726,000 after acquiring an additional 2,164 shares during the last quarter.

About SPDR MSCI ACWI Climate Paris Aligned ETF

The SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC) is an exchange-traded fund that is based on the MSCI ACWI Climate Paris Aligned index. The fund tracks a tier-weighted index of large- and mid-cap global stocks selected and weighted based on ESG criteria that are compatible with the Paris Climate Agreement and carbon reduction goals. NZAC was launched on Nov 25, 2014 and is managed by State Street.