JPMorgan Chase & Co. Sells 8,453 Shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (NYSEARCA:EFAX)

JPMorgan Chase & Co. cut its holdings in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (NYSEARCA:EFAX) by 46.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 9,562 shares of the company’s stock after selling 8,453 shares during the period. JPMorgan Chase & Co. owned approximately 0.14% of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF worth $418,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in EFAX. Northwestern Mutual Wealth Management Co. lifted its position in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 215.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,291 shares of the company’s stock valued at $53,000 after acquiring an additional 882 shares in the last quarter. GenTrust LLC bought a new stake in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF in the third quarter valued at about $202,000. HighTower Advisors LLC lifted its holdings in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 12.9% in the third quarter. HighTower Advisors LLC now owns 6,205 shares of the company’s stock valued at $272,000 after purchasing an additional 710 shares in the last quarter. Key Financial Inc boosted its position in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 147.6% during the third quarter. Key Financial Inc now owns 7,214 shares of the company’s stock worth $316,000 after buying an additional 4,300 shares during the period. Finally, Boyd Wealth Management LLC bought a new position in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF during the third quarter worth about $326,000.

SPDR MSCI EAFE Fossil Fuel Reserves Free ETF Stock Performance

NYSEARCA EFAX opened at $41.85 on Thursday. SPDR MSCI EAFE Fossil Fuel Reserves Free ETF has a 52 week low of $38.65 and a 52 week high of $44.27. The stock’s 50 day moving average price is $40.69 and its two-hundred day moving average price is $41.62. The stock has a market capitalization of $284.58 million, a price-to-earnings ratio of 16.76 and a beta of 0.86.

SPDR MSCI EAFE Fossil Fuel Reserves Free ETF Profile

The SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (EFAX) is an exchange-traded fund that is based on the MSCI EAFE ex Fossil Fuels index. The fund tracks a subset of the MSCI EAFE Index that excludes companies that own fossil fuel reserves. EFAX was launched on Oct 24, 2016 and is managed by State Street.