Ameriprise Financial Inc. Lowers Stock Holdings in SPDR MSCI ACWI Climate Paris Aligned ETF (NASDAQ:NZAC)

Ameriprise Financial Inc. reduced its position in SPDR MSCI ACWI Climate Paris Aligned ETF (NASDAQ:NZAC) by 73.0% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 15,559 shares of the company’s stock after selling 42,118 shares during the period. Ameriprise Financial Inc. owned about 0.38% of SPDR MSCI ACWI Climate Paris Aligned ETF worth $565,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. PNC Financial Services Group Inc. grew its stake in SPDR MSCI ACWI Climate Paris Aligned ETF by 5.1% in the 4th quarter. PNC Financial Services Group Inc. now owns 165,373 shares of the company’s stock worth $6,001,000 after acquiring an additional 8,054 shares during the period. Invera Wealth Advisors LLC increased its holdings in shares of SPDR MSCI ACWI Climate Paris Aligned ETF by 123.5% during the 4th quarter. Invera Wealth Advisors LLC now owns 128,946 shares of the company’s stock worth $4,821,000 after buying an additional 71,240 shares during the last quarter. Jane Street Group LLC increased its holdings in shares of SPDR MSCI ACWI Climate Paris Aligned ETF by 559.7% during the 4th quarter. Jane Street Group LLC now owns 72,301 shares of the company’s stock worth $2,624,000 after buying an additional 61,341 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of SPDR MSCI ACWI Climate Paris Aligned ETF by 8.6% during the 4th quarter. Envestnet Asset Management Inc. now owns 51,786 shares of the company’s stock worth $1,879,000 after buying an additional 4,082 shares during the last quarter. Finally, Smartleaf Asset Management LLC increased its holdings in shares of SPDR MSCI ACWI Climate Paris Aligned ETF by 34.9% during the 4th quarter. Smartleaf Asset Management LLC now owns 43,527 shares of the company’s stock worth $1,586,000 after buying an additional 11,251 shares during the last quarter.

SPDR MSCI ACWI Climate Paris Aligned ETF Stock Up 0.3%

NZAC stock opened at $38.01 on Wednesday. The company has a market cap of $155.82 million, a price-to-earnings ratio of 22.28 and a beta of 0.94. The business has a fifty day simple moving average of $35.81 and a 200-day simple moving average of $36.54. SPDR MSCI ACWI Climate Paris Aligned ETF has a 52 week low of $31.41 and a 52 week high of $38.20.

SPDR MSCI ACWI Climate Paris Aligned ETF Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, June 6th. Stockholders of record on Monday, June 2nd will be issued a dividend of $0.1666 per share. The ex-dividend date of this dividend is Monday, June 2nd.

SPDR MSCI ACWI Climate Paris Aligned ETF Profile

The SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC) is an exchange-traded fund that is based on the MSCI ACWI Climate Paris Aligned index. The fund tracks a tier-weighted index of large- and mid-cap global stocks selected and weighted based on ESG criteria that are compatible with the Paris Climate Agreement and carbon reduction goals.