Gilbert Capital Group Inc. Takes Position in SPDR S&P 500 ESG ETF $EFIV

Gilbert Capital Group Inc. acquired 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. The fund acquired 31,400 shares of the company’s stock, valued at approximately $1,838,000. SPDR S&P 500 ESG ETF comprises 1.5% of Gilbert Capital Group Inc.’s portfolio, making the stock its 17th largest position. Gilbert Capital Group Inc. owned about 0.17% of SPDR S&P 500 ESG ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Geneos Wealth Management Inc. increased its holdings in shares of SPDR S&P 500 ESG ETF by 193.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 695 shares of the company’s stock worth $37,000 after purchasing an additional 458 shares in the last quarter. Elevation Point Wealth Partners LLC bought a new stake in SPDR S&P 500 ESG ETF in the 2nd quarter worth about $65,000. Valley National Advisers Inc. bought a new stake in SPDR S&P 500 ESG ETF in the 2nd quarter worth about $109,000. Schmidt P J Investment Management Inc. purchased a new position in SPDR S&P 500 ESG ETF in the 2nd quarter worth about $203,000. Finally, Ethic Inc. bought a new position in SPDR S&P 500 ESG ETF during the 2nd quarter valued at about $203,000.

SPDR S&P 500 ESG ETF Stock Down 0.7%

Shares of NYSEARCA EFIV opened at $65.91 on Monday. The firm’s 50-day moving average price is $64.85 and its 200-day moving average price is $61.71. SPDR S&P 500 ESG ETF has a 52-week low of $46.17 and a 52-week high of $66.45. The company has a market cap of $1.18 billion, a PE ratio of 24.61 and a beta of 1.01.

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.