SPDR S&P 500 ESG ETF (NYSEARCA:EFIV) Short Interest Down 37.3% in July

SPDR S&P 500 ESG ETF (NYSEARCA:EFIV) saw a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 23,949 shares, a decrease of 37.3% from the July 15th total of 38,186 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 127,908 shares, the short-interest ratio is currently 0.2 days.

SPDR S&P 500 ESG ETF Stock Performance

EFIV stock traded down $0.60 during midday trading on Tuesday, reaching $75.15. 19,326 shares of the company were exchanged, compared to its average volume of 47,445. The company has a market cap of $1.03 billion, a price-to-earnings ratio of 24.61 and a beta of 1.00. SPDR S&P 500 ESG ETF has a 1-year low of $60.44 and a 1-year high of $76.28. The stock’s 50-day simple moving average is $72.82 and its 200 day simple moving average is $69.54.

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

Several hedge funds and other institutional investors have recently bought and sold shares of EFIV. Veracity Capital LLC lifted its position in SPDR S&P 500 ESG ETF by 1.3% in the fourth quarter. Veracity Capital LLC now owns 12,348 shares of the company’s stock valued at $817,000 after acquiring an additional 158 shares during the last quarter. CreativeOne Wealth LLC increased its position in shares of SPDR S&P 500 ESG ETF by 2.9% during the fourth quarter. CreativeOne Wealth LLC now owns 5,676 shares of the company’s stock worth $375,000 after purchasing an additional 158 shares in the last quarter. Milestone Investment Advisors LLC increased its position in shares of SPDR S&P 500 ESG ETF by 24.0% during the fourth quarter. Milestone Investment Advisors LLC now owns 1,017 shares of the company’s stock worth $67,000 after purchasing an additional 197 shares in the last quarter. Brave Asset Management Inc. lifted its holdings in shares of SPDR S&P 500 ESG ETF by 3.6% in the 1st quarter. Brave Asset Management Inc. now owns 5,615 shares of the company’s stock valued at $354,000 after purchasing an additional 197 shares during the last quarter. Finally, Larson Financial Group LLC lifted its holdings in shares of SPDR S&P 500 ESG ETF by 0.8% in the 3rd quarter. Larson Financial Group LLC now owns 24,821 shares of the company’s stock valued at $1,578,000 after purchasing an additional 199 shares during the last quarter.

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.