SB Capital Management Inc Acquires New Shares in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF $EFAX

SB Capital Management Inc acquired a new position in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (NYSEARCA:EFAX) during the fourth quarter, Holdings Channel.com reports. The fund acquired 31,053 shares of the company’s stock, valued at approximately $1,567,000.

Other large investors have also added to or reduced their stakes in the company. Betterment LLC grew its holdings in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 2.0% during the 4th quarter. Betterment LLC now owns 1,435,553 shares of the company’s stock valued at $72,452,000 after buying an additional 28,650 shares in the last quarter. Gemmer Asset Management LLC lifted its holdings in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 16.3% in the fourth quarter. Gemmer Asset Management LLC now owns 661,907 shares of the company’s stock worth $33,404,000 after buying an additional 93,000 shares in the last quarter. Flputnam Investment Management Co. boosted its position in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 5.6% in the fourth quarter. Flputnam Investment Management Co. now owns 318,662 shares of the company’s stock valued at $16,082,000 after acquiring an additional 16,904 shares during the period. Bank of America Corp DE boosted its position in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 9.1% in the third quarter. Bank of America Corp DE now owns 237,294 shares of the company’s stock valued at $11,702,000 after acquiring an additional 19,841 shares during the period. Finally, Windmill Hill Asset Management Ltd purchased a new position in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF during the fourth quarter valued at approximately $11,503,000.

SPDR MSCI EAFE Fossil Fuel Reserves Free ETF Trading Up 0.7%

Shares of NYSEARCA:EFAX opened at $54.44 on Friday. The company has a 50 day moving average of $53.19 and a 200 day moving average of $52.04. The stock has a market cap of $511.74 million, a P/E ratio of 17.37 and a beta of 0.80. SPDR MSCI EAFE Fossil Fuel Reserves Free ETF has a 12 month low of $45.42 and a 12 month high of $54.93.

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.