SPDR S&P 500 ESG ETF (NYSEARCA:EFIV) Short Interest Down 38.2% in June

SPDR S&P 500 ESG ETF (NYSEARCA:EFIV) was the recipient of a large drop in short interest in June. As of June 30th, there was short interest totaling 32,022 shares, a drop of 38.2% from the June 15th total of 51,807 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 21,165 shares, the days-to-cover ratio is currently 1.5 days.

SPDR S&P 500 ESG ETF Stock Performance

Shares of NYSEARCA:EFIV opened at $71.62 on Friday. SPDR S&P 500 ESG ETF has a 52-week low of $58.99 and a 52-week high of $73.74. The firm has a fifty day moving average of $72.23 and a 200 day moving average of $68.53. The firm has a market capitalization of $1.07 billion, a PE ratio of 24.61 and a beta of 1.00.

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

Several hedge funds have recently added to or reduced their stakes in the company. Olde Wealth Management LLC raised its holdings in shares of SPDR S&P 500 ESG ETF by 2.8% during the 4th quarter. Olde Wealth Management LLC now owns 487,666 shares of the company’s stock valued at $32,259,000 after buying an additional 13,487 shares in the last quarter. Koss Olinger Consulting LLC lifted its position 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 buying an additional 3,563 shares during the last quarter. LPL Financial LLC boosted its stake in SPDR S&P 500 ESG ETF by 1.3% in the fourth quarter. LPL Financial LLC now owns 328,045 shares of the company’s stock worth $21,700,000 after buying an additional 4,307 shares in the last quarter. SOA Wealth Advisors LLC. boosted its stake in 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 worth $13,303,000 after buying an additional 2,865 shares in the last quarter. Finally, Principal Financial Group Inc. boosted its stake in SPDR S&P 500 ESG ETF by 20.8% in the first quarter. Principal Financial Group Inc. now owns 186,007 shares of the company’s stock worth $11,733,000 after buying an additional 32,030 shares in the last quarter.

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.