Armbruster Capital Management Inc. Decreases Stake in SPDR S&P 500 ESG ETF (NYSEARCA:EFIV)

Armbruster Capital Management Inc. decreased its holdings in shares of SPDR S&P 500 ESG ETF (NYSEARCA:EFIV) by 3.2% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 30,730 shares of the company’s stock after selling 1,000 shares during the quarter. Armbruster Capital Management Inc.’s holdings in SPDR S&P 500 ESG ETF were worth $1,736,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Flagship Harbor Advisors LLC acquired a new position in SPDR S&P 500 ESG ETF during the fourth quarter worth about $207,000. Sheets Smith Wealth Management boosted its holdings in shares of SPDR S&P 500 ESG ETF by 11.0% during the 4th quarter. Sheets Smith Wealth Management now owns 46,484 shares of the company’s stock worth $2,625,000 after purchasing an additional 4,593 shares during the last quarter. Horizon Wealth Management LLC purchased a new stake in shares of SPDR S&P 500 ESG ETF in the fourth quarter valued at approximately $207,000. HBW Advisory Services LLC acquired a new stake in shares of SPDR S&P 500 ESG ETF in the fourth quarter valued at approximately $296,000. Finally, Principal Financial Group Inc. boosted its stake in SPDR S&P 500 ESG ETF by 16.6% during the third quarter. Principal Financial Group Inc. now owns 179,393 shares of the company’s stock worth $10,003,000 after buying an additional 25,524 shares during the last quarter.

SPDR S&P 500 ESG ETF Trading Down 0.3 %

Shares of EFIV opened at $58.17 on Monday. SPDR S&P 500 ESG ETF has a 12-month low of $46.88 and a 12-month high of $58.93. The firm has a market capitalization of $1.36 billion, a P/E ratio of 25.21 and a beta of 1.02. The firm has a 50-day moving average price of $57.55 and a 200 day moving average price of $55.77.

SPDR S&P 500 ESG ETF 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.