Raymond James Financial Services Advisors Inc. Invests $310,000 in SPDR S&P 500 ESG ETF (NYSEARCA:EFIV)

Raymond James Financial Services Advisors Inc. bought a new position in SPDR S&P 500 ESG ETF (NYSEARCA:EFIV) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 6,720 shares of the company’s stock, valued at approximately $310,000.

Several other hedge funds and other institutional investors have also modified their holdings of EFIV. Aptus Capital Advisors LLC boosted its position in SPDR S&P 500 ESG ETF by 746.3% during the third quarter. Aptus Capital Advisors LLC now owns 1,024 shares of the company’s stock valued at $42,000 after purchasing an additional 903 shares during the last quarter. Allworth Financial LP raised its holdings in SPDR S&P 500 ESG ETF by 13.5% during the third quarter. Allworth Financial LP now owns 3,170 shares of the company’s stock valued at $132,000 after buying an additional 376 shares in the last quarter. SOA Wealth Advisors LLC. bought a new position in SPDR S&P 500 ESG ETF during the fourth quarter valued at about $254,000. Orion Portfolio Solutions LLC bought a new position in SPDR S&P 500 ESG ETF during the third quarter valued at about $351,000. Finally, Mutual Advisors LLC bought a new position in SPDR S&P 500 ESG ETF during the third quarter valued at about $369,000.

SPDR S&P 500 ESG ETF Price Performance

NYSEARCA EFIV opened at $48.28 on Tuesday. SPDR S&P 500 ESG ETF has a fifty-two week low of $39.05 and a fifty-two week high of $50.78. The stock’s 50-day moving average is $49.44 and its two-hundred day moving average is $46.37. The firm has a market cap of $1.14 billion, a P/E ratio of 24.30 and a beta of 1.02.

SPDR S&P 500 ESG ETF Company Profile

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.