SPDR S&P 500 ESG ETF (NYSEARCA:EFIV) Sees Large Volume Increase – What’s Next?

SPDR S&P 500 ESG ETF (NYSEARCA:EFIV) shares saw unusually-strong trading volume on Monday . Approximately 68,447 shares traded hands during trading, a decline of 19% from the previous session’s volume of 84,659 shares.The stock last traded at $55.37 and had previously closed at $55.27.

SPDR S&P 500 ESG ETF Stock Up 2.9 %

The stock has a fifty day simple moving average of $55.25 and a 200-day simple moving average of $53.39. The company has a market capitalization of $1.34 billion, a P/E ratio of 25.21 and a beta of 1.02.

Institutional Trading of SPDR S&P 500 ESG ETF

Several hedge funds have recently modified their holdings of the company. Aptus Capital Advisors LLC boosted its stake in SPDR S&P 500 ESG ETF by 251.5% in the third quarter. Aptus Capital Advisors LLC now owns 4,077 shares of the company’s stock worth $227,000 after purchasing an additional 2,917 shares in the last quarter. Principal Financial Group Inc. lifted its position in SPDR S&P 500 ESG ETF by 16.6% during the 3rd quarter. Principal Financial Group Inc. now owns 179,393 shares of the company’s stock worth $10,003,000 after buying an additional 25,524 shares in the last quarter. White Lighthouse Investment Management Inc. bought a new stake in SPDR S&P 500 ESG ETF during the 3rd quarter worth about $291,000. Private Advisor Group LLC grew its holdings in SPDR S&P 500 ESG ETF by 351.9% during the 3rd quarter. Private Advisor Group LLC now owns 235,365 shares of the company’s stock worth $13,124,000 after acquiring an additional 183,283 shares during the last quarter. Finally, Koss Olinger Consulting LLC increased its position in SPDR S&P 500 ESG ETF by 0.8% in the 3rd quarter. Koss Olinger Consulting LLC now owns 354,875 shares of the company’s stock valued at $19,788,000 after acquiring an additional 2,880 shares in 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.