SPDR S&P 500 ESG ETF (NYSEARCA:EFIV) Sets New 52-Week High – Time to Buy?

SPDR S&P 500 ESG ETF (NYSEARCA:EFIVGet Free Report)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $55.80 and last traded at $55.80, with a volume of 2739 shares changing hands. The stock had previously closed at $55.61.

SPDR S&P 500 ESG ETF Price Performance

The firm has a market cap of $1.31 billion, a P/E ratio of 25.21 and a beta of 1.02. The firm’s 50-day moving average price is $54.13 and its 200 day moving average price is $52.54.

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

Institutional investors and hedge funds have recently made changes to their positions in the company. Baltimore Washington Financial Advisors Inc. grew its holdings in shares of SPDR S&P 500 ESG ETF by 1.7% during the second quarter. Baltimore Washington Financial Advisors Inc. now owns 380,256 shares of the company’s stock valued at $20,192,000 after purchasing an additional 6,412 shares during the last quarter. Koss Olinger Consulting LLC acquired a new stake in SPDR S&P 500 ESG ETF in the second quarter worth $18,691,000. Blue Edge Capital LLC increased its position in SPDR S&P 500 ESG ETF by 5.7% in the second quarter. Blue Edge Capital LLC now owns 96,561 shares of the company’s stock worth $5,127,000 after buying an additional 5,218 shares during the period. SOA Wealth Advisors LLC. lifted its stake in SPDR S&P 500 ESG ETF by 801.3% in the second quarter. SOA Wealth Advisors LLC. now owns 90,489 shares of the company’s stock valued at $4,805,000 after buying an additional 80,449 shares during the last quarter. Finally, Gradient Investments LLC boosted its holdings in shares of SPDR S&P 500 ESG ETF by 1.0% during the second quarter. Gradient Investments LLC now owns 70,538 shares of the company’s stock valued at $3,746,000 after acquiring an additional 664 shares during the period.

About SPDR S&P 500 ESG ETF

(Get Free Report)

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.

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