SPDR S&P 500 ESG ETF (NYSEARCA:EFIV) Hits New 52-Week High – What’s Next?

SPDR S&P 500 ESG ETF (NYSEARCA:EFIV) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $66.94 and last traded at $66.7380, with a volume of 15218 shares. The stock had previously closed at $66.78.

SPDR S&P 500 ESG ETF Trading Down 0.3%

The firm’s fifty day moving average is $65.36 and its 200-day moving average is $62.40. The stock has a market capitalization of $1.19 billion, a PE ratio of 24.61 and a beta of 1.01.

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

A number of institutional investors have recently modified their holdings of EFIV. Olde Wealth Management LLC acquired a new stake in SPDR S&P 500 ESG ETF during the 3rd quarter worth approximately $31,039,000. Goldman Sachs Group Inc. increased its stake in shares of SPDR S&P 500 ESG ETF by 537.9% during the first quarter. Goldman Sachs Group Inc. now owns 56,242 shares of the company’s stock worth $3,009,000 after buying an additional 47,425 shares during the period. SOA Wealth Advisors LLC. raised its holdings in SPDR S&P 500 ESG ETF by 24.2% in the second quarter. SOA Wealth Advisors LLC. now owns 193,131 shares of the company’s stock valued at $11,308,000 after acquiring an additional 37,692 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in SPDR S&P 500 ESG ETF by 175.9% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 55,930 shares of the company’s stock valued at $3,275,000 after acquiring an additional 35,657 shares in the last quarter. Finally, Tompkins Financial Corp lifted its stake in SPDR S&P 500 ESG ETF by 13.9% in the second quarter. Tompkins Financial Corp now owns 263,770 shares of the company’s stock worth $15,444,000 after acquiring an additional 32,236 shares during the last quarter.

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.