SPDR S&P 500 ESG ETF (NYSEARCA:EFIV) Sees Large Growth in Short Interest

SPDR S&P 500 ESG ETF (NYSEARCA:EFIV) was the target of a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 22,842 shares, a growth of 290.3% from the February 26th total of 5,853 shares. Based on an average daily volume of 59,374 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.2% of the shares of the company are short sold. Currently, 0.2% of the shares of the company are short sold. Based on an average daily volume of 59,374 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Trading of SPDR S&P 500 ESG ETF

Hedge funds have recently made changes to their positions in the company. Veracity Capital LLC boosted its holdings in shares of 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 in the last quarter. CreativeOne Wealth LLC raised its holdings in 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 lifted its position in SPDR S&P 500 ESG ETF by 24.0% in the fourth quarter. Milestone Investment Advisors LLC now owns 1,017 shares of the company’s stock valued at $67,000 after purchasing an additional 197 shares during the period. Larson Financial Group LLC lifted its position in SPDR S&P 500 ESG ETF by 0.8% in the third 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 period. Finally, Cetera Investment Advisers lifted its position in SPDR S&P 500 ESG ETF by 1.1% in the fourth quarter. Cetera Investment Advisers now owns 19,583 shares of the company’s stock valued at $1,295,000 after purchasing an additional 222 shares during the period.

SPDR S&P 500 ESG ETF Price Performance

Shares of NYSEARCA EFIV opened at $63.32 on Wednesday. The stock has a fifty day moving average price of $66.35 and a 200 day moving average price of $65.36. SPDR S&P 500 ESG ETF has a 1-year low of $46.17 and a 1-year high of $68.11. The company has a market cap of $943.47 million, a PE ratio of 24.61 and a beta of 1.01.

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.