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 an uptick in trading volume on Wednesday . 251,152 shares changed hands during trading, an increase of 155% from the previous session’s volume of 98,666 shares.The stock last traded at $58.36 and had previously closed at $58.13.

SPDR S&P 500 ESG ETF Stock Performance

The stock has a 50 day moving average price of $57.27 and a two-hundred day moving average price of $55.00. The company has a market capitalization of $1.32 billion, a PE ratio of 25.21 and a beta of 1.02.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the stock. Mattson Financial Services LLC acquired a new stake in SPDR S&P 500 ESG ETF in the 2nd quarter valued at approximately $42,000. FMR LLC acquired a new stake in SPDR S&P 500 ESG ETF in the 3rd quarter valued at approximately $62,000. Paladin Wealth LLC acquired a new stake in SPDR S&P 500 ESG ETF in the 3rd quarter valued at approximately $63,000. Benjamin F. Edwards & Company Inc. grew 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 valued at $64,000 after buying an additional 943 shares during the last quarter. Finally, Larson Financial Group LLC acquired a new stake in SPDR S&P 500 ESG ETF in the 3rd quarter valued at approximately $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.