Envestnet Asset Management Inc. Sells 1,028 Shares of SPDR S&P 500 ESG ETF (NYSEARCA:EFIV)

Envestnet Asset Management Inc. reduced its position in shares of SPDR S&P 500 ESG ETF (NYSEARCA:EFIV) by 9.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,718 shares of the company’s stock after selling 1,028 shares during the quarter. Envestnet Asset Management Inc.’s holdings in SPDR S&P 500 ESG ETF were worth $520,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Aptus Capital Advisors LLC raised its position in SPDR S&P 500 ESG ETF by 6.5% during the fourth quarter. Aptus Capital Advisors LLC now owns 4,340 shares of the company’s stock worth $245,000 after acquiring an additional 263 shares in the last quarter. HBW Advisory Services LLC raised its position in shares of SPDR S&P 500 ESG ETF by 8.4% in the first quarter. HBW Advisory Services LLC now owns 5,685 shares of the company’s stock valued at $304,000 after purchasing an additional 442 shares during the period. Hills Bank & Trust Co raised its position in shares of SPDR S&P 500 ESG ETF by 20.5% in the first quarter. Hills Bank & Trust Co now owns 3,186 shares of the company’s stock valued at $170,000 after purchasing an additional 542 shares during the period. Verus Wealth Management LLC raised its position in shares of SPDR S&P 500 ESG ETF by 11.2% in the first quarter. Verus Wealth Management LLC now owns 9,900 shares of the company’s stock valued at $530,000 after purchasing an additional 1,000 shares during the period. Finally, Armbruster Capital Management Inc. raised its position in shares of SPDR S&P 500 ESG ETF by 3.5% in the first quarter. Armbruster Capital Management Inc. now owns 31,804 shares of the company’s stock valued at $1,702,000 after purchasing an additional 1,074 shares during the period.

SPDR S&P 500 ESG ETF Price Performance

Shares of EFIV opened at $59.90 on Wednesday. The firm has a market capitalization of $1.14 billion, a PE ratio of 24.61 and a beta of 1.03. The company’s 50-day moving average is $58.19 and its 200-day moving average is $55.77. SPDR S&P 500 ESG ETF has a fifty-two week low of $46.17 and a fifty-two week high of $60.90.

About SPDR S&P 500 ESG ETF

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.