SPDR S&P 500 ESG ETF (NYSEARCA:EFIV) Short Interest Update

SPDR S&P 500 ESG ETF (NYSEARCA:EFIV) was the target of a large decrease in short interest in 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. Based on an average daily volume of 29,874 shares, the short-interest ratio is presently 0.3 days. Currently, 0.1% of the shares of the stock are short sold.

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

Hedge funds have recently modified their holdings of the business. GAM Holding AG acquired a new stake in SPDR S&P 500 ESG ETF during the 4th quarter worth about $10,016,000. Goldman Sachs Group Inc. boosted its position in shares of SPDR S&P 500 ESG ETF by 537.9% during the 1st quarter. Goldman Sachs Group Inc. now owns 56,242 shares of the company’s stock valued at $3,009,000 after purchasing an additional 47,425 shares in the last quarter. Principal Financial Group Inc. grew its stake in SPDR S&P 500 ESG ETF by 20.8% during the first quarter. Principal Financial Group Inc. now owns 186,007 shares of the company’s stock worth $11,733,000 after purchasing an additional 32,030 shares during the period. Citadel Advisors LLC bought a new stake in SPDR S&P 500 ESG ETF in the third quarter worth approximately $1,623,000. Finally, Napier Financial LLC acquired a new position in SPDR S&P 500 ESG ETF in the fourth quarter valued at approximately $1,647,000.

SPDR S&P 500 ESG ETF Stock Up 0.7%

Shares of EFIV stock traded up $0.53 during mid-day trading on Friday, reaching $74.10. 9,133 shares of the stock traded hands, compared to its average volume of 46,007. The company has a market cap of $1.02 billion, a price-to-earnings ratio of 24.61 and a beta of 1.00. The stock’s fifty day simple moving average is $73.83 and its two-hundred day simple moving average is $70.55. SPDR S&P 500 ESG ETF has a 1-year low of $61.10 and a 1-year high of $76.28.

SPDR S&P 500 ESG ETF Company Profile

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.