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

Shares of SPDR S&P 500 ESG ETF (NYSEARCA:EFIV) saw unusually-high trading volume on Tuesday . Approximately 385,906 shares changed hands during mid-day trading, an increase of 73% from the previous session’s volume of 222,544 shares.The stock last traded at $57.53 and had previously closed at $57.40.

SPDR S&P 500 ESG ETF Stock Performance

The business’s 50-day moving average is $57.53 and its 200-day moving average is $55.73. The company has a market capitalization of $1.36 billion, a PE ratio of 25.21 and a beta of 1.02.

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

Institutional investors have recently modified their holdings of the stock. Mattson Financial Services LLC bought a new position in SPDR S&P 500 ESG ETF in the 2nd quarter valued at approximately $42,000. FMR LLC bought a new position in shares of SPDR S&P 500 ESG ETF during the third quarter valued at $62,000. Paladin Wealth LLC purchased a new stake in shares of SPDR S&P 500 ESG ETF during the third quarter valued at $63,000. Benjamin F. Edwards & Company Inc. increased its holdings in SPDR S&P 500 ESG ETF by 371.3% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 1,197 shares of the company’s stock worth $64,000 after buying an additional 943 shares in the last quarter. Finally, Larson Financial Group LLC purchased a new position in SPDR S&P 500 ESG ETF in the 3rd quarter worth about $75,000.

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.