SPDR S&P 500 ESG ETF (NYSEARCA:EFIV) Shares Shorted: Short Interest Up 159.4% in September

SPDR S&P 500 ESG ETF (NYSEARCA:EFIV) was the target of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 24,335 shares, an increase of 159.4% from the September 15th total of 9,382 shares. Based on an average daily trading volume, of 35,816 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.2% of the shares of the company are short sold.

Institutional Trading of SPDR S&P 500 ESG ETF

Hedge funds have recently bought and sold shares of the stock. Tompkins Financial Corp bought a new position in SPDR S&P 500 ESG ETF during the third quarter valued at approximately $31,046,000. Koss Olinger Consulting LLC increased its stake in SPDR S&P 500 ESG ETF by 0.9% in the 1st quarter. Koss Olinger Consulting LLC now owns 412,410 shares of the company’s stock worth $26,015,000 after acquiring an additional 3,563 shares during the last quarter. Allworth Financial LP increased its stake in SPDR S&P 500 ESG ETF by 2.4% in the 2nd quarter. Allworth Financial LP now owns 224,885 shares of the company’s stock worth $16,401,000 after acquiring an additional 5,348 shares during the last quarter. Principal Financial Group Inc. raised its holdings in shares of SPDR S&P 500 ESG ETF by 20.8% during the 1st quarter. Principal Financial Group Inc. now owns 186,007 shares of the company’s stock worth $11,733,000 after acquiring an additional 32,030 shares in the last quarter. Finally, Integrated Wealth Concepts LLC raised its holdings in shares of SPDR S&P 500 ESG ETF by 0.6% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 90,608 shares of the company’s stock worth $6,608,000 after acquiring an additional 515 shares in the last quarter.

SPDR S&P 500 ESG ETF Stock Down 0.1%

EFIV traded down $0.08 during midday trading on Monday, hitting $75.30. 22,926 shares of the company traded hands, compared to its average volume of 44,232. The company’s 50-day moving average is $74.80 and its 200 day moving average is $71.84. The firm has a market capitalization of $1.03 billion, a PE ratio of 24.61 and a beta of 1.01. SPDR S&P 500 ESG ETF has a 52 week low of $61.10 and a 52 week 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.