SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) Hits New 1-Year High – What’s Next?

Shares of SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) hit a new 52-week high during trading on Wednesday . The company traded as high as $47.35 and last traded at $47.35, with a volume of 23998 shares trading hands. The stock had previously closed at $47.01.

SPDR S&P Fossil Fuel Reserves Free ETF Stock Performance

The business’s 50-day moving average is $45.59 and its two-hundred day moving average is $44.18. The firm has a market capitalization of $1.92 billion, a price-to-earnings ratio of 28.63 and a beta of 1.02.

Institutional Trading of SPDR S&P Fossil Fuel Reserves Free ETF

Large investors have recently made changes to their positions in the company. Lake Street Advisors Group LLC grew its position in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 63.1% in the 2nd quarter. Lake Street Advisors Group LLC now owns 767,181 shares of the company’s stock valued at $34,216,000 after purchasing an additional 296,833 shares during the period. Citizens Financial Group Inc. RI acquired a new position in shares of SPDR S&P Fossil Fuel Reserves Free ETF in the second quarter valued at approximately $1,400,000. Essex Financial Services Inc. bought a new stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF during the second quarter worth $1,231,000. Gemmer Asset Management LLC raised its holdings in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 8.6% during the second quarter. Gemmer Asset Management LLC now owns 346,049 shares of the company’s stock worth $15,434,000 after acquiring an additional 27,527 shares during the period. Finally, Commonwealth Equity Services LLC lifted its position in SPDR S&P Fossil Fuel Reserves Free ETF by 18.3% in the 2nd quarter. Commonwealth Equity Services LLC now owns 118,185 shares of the company’s stock valued at $5,271,000 after acquiring an additional 18,262 shares in the last quarter.

SPDR S&P Fossil Fuel Reserves Free ETF Company Profile

The SPDR S&P 500 Fossil Fuel Reserves Free ETF (SPYX) is an exchange-traded fund that is based on the S&P 500 Fossil Fuel Free index. The fund follows an S&P 500- based index excluding companies with known fossil fuel reserves. SPYX was launched on Nov 30, 2015 and is managed by State Street.