SPDR S&P 500 ESG ETF (NYSEARCA:EFIV) Sees Unusually-High Trading Volume – Here’s Why

SPDR S&P 500 ESG ETF (NYSEARCA:EFIV) saw unusually-strong trading volume on Wednesday . Approximately 1,249,212 shares were traded during mid-day trading, an increase of 1,154% from the previous session’s volume of 99,619 shares.The stock last traded at $58.68 and had previously closed at $58.36.

SPDR S&P 500 ESG ETF Stock Performance

The business’s 50-day simple moving average is $57.10 and its 200 day simple moving average is $54.81. The firm has a market cap of $1.36 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 bought and sold shares of the company. Mattson Financial Services LLC bought a new position in SPDR S&P 500 ESG ETF in the second quarter worth approximately $42,000. FMR LLC bought a new position in SPDR S&P 500 ESG ETF in the 3rd quarter worth $62,000. Paladin Wealth LLC purchased a new position in SPDR S&P 500 ESG ETF during the third quarter valued at $63,000. Benjamin F. Edwards & Company Inc. raised its stake in shares of SPDR S&P 500 ESG ETF by 371.3% in the second 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 during the period. Finally, Larson Financial Group LLC bought a new position in shares of SPDR S&P 500 ESG ETF in the third 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.