SPDR MSCI ACWI Climate Paris Aligned ETF (NASDAQ:NZAC) Stock Short Interest Report for October

SPDR MSCI ACWI Climate Paris Aligned ETF (NASDAQ:NZAC) was the recipient of a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 2,132 shares, a drop of 83.1% from the September 30th total of 12,630 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 4,355 shares, the short-interest ratio is presently 0.5 days.

SPDR MSCI ACWI Climate Paris Aligned ETF Price Performance

NZAC stock traded down $0.16 during trading on Thursday, hitting $46.39. 2,248 shares of the company traded hands, compared to its average volume of 8,524. SPDR MSCI ACWI Climate Paris Aligned ETF has a 1 year low of $39.32 and a 1 year high of $47.56. The company has a market cap of $194.83 million, a PE ratio of 23.74 and a beta of 0.95. The stock’s 50-day simple moving average is $46.68 and its 200 day simple moving average is $44.89.

Institutional Trading of SPDR MSCI ACWI Climate Paris Aligned ETF

A number of hedge funds have recently added to or reduced their stakes in NZAC. Envestnet Asset Management Inc. grew its holdings in SPDR MSCI ACWI Climate Paris Aligned ETF by 18.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 62,003 shares of the company’s stock valued at $2,847,000 after buying an additional 9,772 shares in the last quarter. MRA Advisory Group purchased a new position in shares of SPDR MSCI ACWI Climate Paris Aligned ETF during the 2nd quarter worth $180,000. PNC Financial Services Group Inc. raised its holdings in shares of SPDR MSCI ACWI Climate Paris Aligned ETF by 1.2% during the 1st quarter. PNC Financial Services Group Inc. now owns 190,081 shares of the company’s stock worth $7,726,000 after acquiring an additional 2,164 shares during the period. Invera Wealth Advisors LLC raised its holdings in shares of SPDR MSCI ACWI Climate Paris Aligned ETF by 6.2% during the 3rd quarter. Invera Wealth Advisors LLC now owns 18,585 shares of the company’s stock worth $863,000 after acquiring an additional 1,087 shares during the period. Finally, JNBA Financial Advisors acquired a new position in shares of SPDR MSCI ACWI Climate Paris Aligned ETF during the 2nd quarter valued at about $33,000.

SPDR MSCI ACWI Climate Paris Aligned ETF Company 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. NZAC was launched on Nov 25, 2014 and is managed by State Street.