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

SPDR S&P 500 ESG ETF (NYSEARCA:EFIV) saw strong trading volume on Thursday . 1,382,062 shares traded hands during trading, an increase of 1,288% from the previous session’s volume of 99,560 shares.The stock last traded at $56.78 and had previously closed at $56.48.

SPDR S&P 500 ESG ETF Stock Performance

The company has a market capitalization of $1.32 billion, a P/E ratio of 25.21 and a beta of 1.02. The business’s fifty day simple moving average is $57.43 and its 200-day simple moving average is $55.35.

Institutional Trading of SPDR S&P 500 ESG ETF

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