Focus Financial Network Inc. Decreases Stock Holdings in SPDR S&P 500 ESG ETF (NYSEARCA:EFIV)

Focus Financial Network Inc. cut its stake in SPDR S&P 500 ESG ETF (NYSEARCA:EFIV) by 3.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 19,703 shares of the company’s stock after selling 651 shares during the period. Focus Financial Network Inc.’s holdings in SPDR S&P 500 ESG ETF were worth $1,113,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of EFIV. SOA Wealth Advisors LLC. grew its holdings in SPDR S&P 500 ESG ETF by 38.0% in the fourth quarter. SOA Wealth Advisors LLC. now owns 137,470 shares of the company’s stock valued at $7,764,000 after purchasing an additional 37,880 shares during the last quarter. Verus Wealth Management LLC purchased a new stake in shares of SPDR S&P 500 ESG ETF in the 4th quarter worth about $503,000. Denver Wealth Management Inc. grew its stake in SPDR S&P 500 ESG ETF by 12.5% in the 4th quarter. Denver Wealth Management Inc. now owns 11,391 shares of the company’s stock valued at $643,000 after acquiring an additional 1,265 shares during the last quarter. Flagship Harbor Advisors LLC acquired a new stake in SPDR S&P 500 ESG ETF in the 4th quarter valued at about $207,000. Finally, Sheets Smith Wealth Management increased its holdings in 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 valued at $2,625,000 after acquiring an additional 4,593 shares in the last quarter.

SPDR S&P 500 ESG ETF Price Performance

Shares of NYSEARCA EFIV opened at $57.37 on Thursday. The firm’s 50-day moving average is $57.41 and its two-hundred day moving average is $56.05. The company has a market capitalization of $1.34 billion, a PE ratio of 25.21 and a beta of 1.02. SPDR S&P 500 ESG ETF has a 12-month low of $47.59 and a 12-month high of $58.93.

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.