SPDR S&P 500 ESG ETF (NYSEARCA:EFIV) Sees Unusually-High Trading Volume

SPDR S&P 500 ESG ETF (NYSEARCA:EFIV) shares saw strong trading volume on Thursday . 540,281 shares changed hands during mid-day trading, an increase of 741% from the previous session’s volume of 64,231 shares.The stock last traded at $53.30 and had previously closed at $53.33.

SPDR S&P 500 ESG ETF Stock Performance

The business has a fifty day simple moving average of $51.16 and a 200 day simple moving average of $49.14. The company has a market cap of $1.24 billion, a P/E ratio of 25.21 and a beta of 1.02.

Institutional Trading of SPDR S&P 500 ESG ETF

Hedge funds have recently added to or reduced their stakes in the business. AdvisorNet Financial Inc acquired a new position in shares of SPDR S&P 500 ESG ETF during the 4th quarter valued at $28,000. USAdvisors Wealth Management LLC acquired a new position in shares of SPDR S&P 500 ESG ETF in the 1st quarter worth $219,000. Zhang Financial LLC acquired a new position in shares of SPDR S&P 500 ESG ETF in the 1st quarter worth $230,000. SOA Wealth Advisors LLC. acquired a new position in shares of SPDR S&P 500 ESG ETF in the 4th quarter worth $254,000. Finally, Raymond James Financial Services Advisors Inc. acquired a new position in shares of SPDR S&P 500 ESG ETF in the 4th quarter worth $310,000.

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.