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

SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) shares hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $57.34 and last traded at $57.22, with a volume of 15900 shares changing hands. The stock had previously closed at $57.17.

SPDR S&P Fossil Fuel Reserves Free ETF Price Performance

The stock’s 50 day moving average is $56.43 and its two-hundred day moving average is $54.78. The stock has a market capitalization of $2.39 billion, a PE ratio of 26.26 and a beta of 1.00.

Institutional Investors Weigh In On SPDR S&P Fossil Fuel Reserves Free ETF

Several institutional investors have recently modified their holdings of SPYX. Corient Private Wealth LLC raised its holdings in SPDR S&P Fossil Fuel Reserves Free ETF by 72.9% during the second quarter. Corient Private Wealth LLC now owns 25,833 shares of the company’s stock worth $1,316,000 after purchasing an additional 10,891 shares in the last quarter. Farther Finance Advisors LLC grew its position in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 85.0% in the 2nd quarter. Farther Finance Advisors LLC now owns 627 shares of the company’s stock valued at $32,000 after buying an additional 288 shares during the last quarter. Gould Asset Management LLC CA raised its stake in SPDR S&P Fossil Fuel Reserves Free ETF by 5.5% during the 3rd quarter. Gould Asset Management LLC CA now owns 183,066 shares of the company’s stock worth $10,041,000 after acquiring an additional 9,487 shares in the last quarter. Hantz Financial Services Inc. acquired a new stake in SPDR S&P Fossil Fuel Reserves Free ETF during the 2nd quarter worth $55,000. Finally, Cerity Partners LLC lifted its position in SPDR S&P Fossil Fuel Reserves Free ETF by 30.4% in the second quarter. Cerity Partners LLC now owns 147,038 shares of the company’s stock valued at $7,489,000 after acquiring an additional 34,291 shares during the last quarter.

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.