SPDR S&P 500 ESG ETF (NYSEARCA:EFIV) Sees Strong Trading Volume

SPDR S&P 500 ESG ETF (NYSEARCA:EFIV) saw unusually-high trading volume on Tuesday . Approximately 600,565 shares were traded during trading, an increase of 580% from the previous session’s volume of 88,260 shares.The stock last traded at $54.61 and had previously closed at $54.62.

SPDR S&P 500 ESG ETF Trading Down 0.2 %

The business has a fifty day simple moving average of $53.36 and a two-hundred day simple moving average of $51.07. The stock has a market cap of $1.27 billion, a PE ratio of 25.21 and a beta of 1.02.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Benjamin F. Edwards & Company Inc. boosted its position in shares of 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 purchasing an additional 943 shares in the last quarter. Front Row Advisors LLC bought a new stake in shares of SPDR S&P 500 ESG ETF in the 2nd quarter worth approximately $182,000. USAdvisors Wealth Management LLC bought a new stake in shares of SPDR S&P 500 ESG ETF in the 1st quarter worth approximately $219,000. Zhang Financial LLC bought a new stake in shares of SPDR S&P 500 ESG ETF in the 1st quarter worth approximately $230,000. Finally, First Affirmative Financial Network bought a new stake in shares of SPDR S&P 500 ESG ETF in the 2nd quarter worth approximately $232,000.

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.