Ethic Inc. Makes New $203,000 Investment in SPDR S&P 500 ESG ETF $EFIV

Ethic Inc. purchased a new position in SPDR S&P 500 ESG ETF (NYSEARCA:EFIV) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 3,495 shares of the company’s stock, valued at approximately $203,000.

Several other institutional investors and hedge funds also recently bought and sold shares of EFIV. Geneos Wealth Management Inc. lifted its stake in shares of SPDR S&P 500 ESG ETF by 193.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 695 shares of the company’s stock worth $37,000 after acquiring an additional 458 shares during the last quarter. Valley National Advisers Inc. bought a new position in SPDR S&P 500 ESG ETF in the 2nd quarter valued at $109,000. Cantor Fitzgerald Investment Advisors L.P. purchased a new stake in SPDR S&P 500 ESG ETF in the second quarter worth $217,000. CreativeOne Wealth LLC increased its stake in SPDR S&P 500 ESG ETF by 14.3% in the first quarter. CreativeOne Wealth LLC now owns 5,058 shares of the company’s stock worth $271,000 after purchasing an additional 633 shares during the period. Finally, Novare Capital Management LLC bought a new stake in shares of SPDR S&P 500 ESG ETF during the second quarter worth $298,000.

SPDR S&P 500 ESG ETF Stock Performance

Shares of NYSEARCA EFIV opened at $65.36 on Friday. SPDR S&P 500 ESG ETF has a 52-week low of $46.17 and a 52-week high of $66.40. The firm has a market capitalization of $1.17 billion, a price-to-earnings ratio of 24.61 and a beta of 1.01. The stock has a 50 day moving average price of $63.21 and a 200 day moving average price of $59.13.

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.