SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) Sees Large Volume Increase

Shares of SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) saw unusually-high trading volume on Tuesday . Approximately 651,517 shares traded hands during trading, an increase of 511% from the previous session’s volume of 106,562 shares.The stock last traded at $46.68 and had previously closed at $47.25.

SPDR S&P Fossil Fuel Reserves Free ETF Stock Performance

The company has a market capitalization of $1.90 billion, a price-to-earnings ratio of 28.63 and a beta of 1.02. The stock’s fifty day simple moving average is $45.34 and its two-hundred day simple moving average is $43.99.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Palisade Asset Management LLC acquired a new position in SPDR S&P Fossil Fuel Reserves Free ETF during the first quarter valued at approximately $29,000. International Assets Investment Management LLC acquired a new position in SPDR S&P Fossil Fuel Reserves Free ETF during the 2nd quarter valued at $29,000. Larson Financial Group LLC bought a new stake in SPDR S&P Fossil Fuel Reserves Free ETF in the 2nd quarter valued at $30,000. Rothschild Investment LLC bought a new stake in SPDR S&P Fossil Fuel Reserves Free ETF in the 2nd quarter valued at $86,000. Finally, Hobbs Group Advisors LLC acquired a new position in shares of SPDR S&P Fossil Fuel Reserves Free ETF during the second quarter valued at about $149,000.

About SPDR S&P Fossil Fuel Reserves Free ETF

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.