Short Interest in SPDR S&P 500 ESG ETF (NYSEARCA:EFIV) Declines By 88.7%

SPDR S&P 500 ESG ETF (NYSEARCA:EFIV) was the recipient of a significant decrease in short interest during the month of February. As of February 27th, there was short interest totaling 5,853 shares, a decrease of 88.7% from the February 12th total of 51,920 shares. Based on an average daily trading volume, of 24,683 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 24,683 shares, the short-interest ratio is currently 0.2 days.

SPDR S&P 500 ESG ETF Price Performance

Shares of NYSEARCA:EFIV traded down $0.60 during midday trading on Thursday, hitting $65.02. 3,441 shares of the company’s stock were exchanged, compared to its average volume of 46,915. SPDR S&P 500 ESG ETF has a 12 month low of $46.17 and a 12 month high of $68.11. The company has a market cap of $968.80 million, a PE ratio of 24.61 and a beta of 1.01. The stock has a 50 day moving average price of $66.85 and a 200-day moving average price of $65.17.

Institutional Trading of SPDR S&P 500 ESG ETF

Several institutional investors and hedge funds have recently modified their holdings of EFIV. Olde Wealth Management LLC grew its holdings in SPDR S&P 500 ESG ETF by 2.8% during the fourth quarter. Olde Wealth Management LLC now owns 487,666 shares of the company’s stock worth $32,259,000 after buying an additional 13,487 shares in the last quarter. Baltimore Washington Financial Advisors Inc. boosted its holdings in SPDR S&P 500 ESG ETF by 2.4% during the 3rd quarter. Baltimore Washington Financial Advisors Inc. now owns 389,065 shares of the company’s stock worth $24,741,000 after acquiring an additional 9,242 shares during the last quarter. LPL Financial LLC grew its stake in shares of SPDR S&P 500 ESG ETF by 1.3% in the 4th quarter. LPL Financial LLC now owns 328,045 shares of the company’s stock worth $21,700,000 after acquiring an additional 4,307 shares in the last quarter. Tompkins Financial Corp grew its stake in shares of SPDR S&P 500 ESG ETF by 9.9% in the 3rd quarter. Tompkins Financial Corp now owns 290,014 shares of the company’s stock worth $18,442,000 after acquiring an additional 26,244 shares in the last quarter. Finally, SOA Wealth Advisors LLC. raised its holdings in shares of SPDR S&P 500 ESG ETF by 1.4% in the fourth quarter. SOA Wealth Advisors LLC. now owns 201,104 shares of the company’s stock valued at $13,303,000 after purchasing an additional 2,865 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.