SPDR S&P 500 ESG ETF (NYSEARCA:EFIV) Sees Large Volume Increase

SPDR S&P 500 ESG ETF (NYSEARCA:EFIV) shares saw unusually-strong trading volume on Friday . Approximately 378,490 shares changed hands during trading, an increase of 345% from the previous session’s volume of 84,986 shares.The stock last traded at $51.98 and had previously closed at $52.90.

SPDR S&P 500 ESG ETF Trading Down 1.6 %

The business has a 50 day moving average price of $53.21 and a 200-day moving average price of $50.57. The company has a market cap of $1.21 billion, a P/E ratio of 25.21 and a beta of 1.02.

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

Several hedge funds have recently bought and sold shares of EFIV. Raymond James Financial Services Advisors Inc. bought a new position in SPDR S&P 500 ESG ETF during the fourth quarter worth $310,000. AdvisorNet Financial Inc bought a new position in SPDR S&P 500 ESG ETF in the 4th quarter valued at about $28,000. International Assets Investment Management LLC acquired a new stake in SPDR S&P 500 ESG ETF during the fourth quarter worth approximately $771,000. Private Advisor Group LLC grew its position in shares of SPDR S&P 500 ESG ETF by 4.7% in the fourth quarter. Private Advisor Group LLC now owns 31,960 shares of the company’s stock valued at $1,477,000 after purchasing an additional 1,436 shares during the last quarter. Finally, Principal Financial Group Inc. increased its stake in shares of SPDR S&P 500 ESG ETF by 11.2% during the fourth quarter. Principal Financial Group Inc. now owns 204,062 shares of the company’s stock worth $9,428,000 after purchasing an additional 20,613 shares during the period.

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.