SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) Reaches New 52-Week High – Here’s What Happened

SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) shares hit a new 52-week high during mid-day trading on Tuesday. The stock traded as high as $64.02 and last traded at $64.0010, with a volume of 11982 shares changing hands. The stock had previously closed at $63.46.

SPDR S&P Fossil Fuel Reserves Free ETF Stock Performance

The business’s 50 day moving average price is $62.86 and its 200-day moving average price is $60.47. The firm has a market capitalization of $2.87 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

Institutional investors have recently modified their holdings of the company. Envestnet Asset Management Inc. lifted its position in SPDR S&P Fossil Fuel Reserves Free ETF by 1.6% in the second quarter. Envestnet Asset Management Inc. now owns 33,463 shares of the company’s stock valued at $2,045,000 after purchasing an additional 522 shares during the period. Bath Savings Trust Co increased its position in SPDR S&P Fossil Fuel Reserves Free ETF by 19.0% during the 3rd quarter. Bath Savings Trust Co now owns 4,075 shares of the company’s stock worth $255,000 after purchasing an additional 650 shares during the period. Milestone Investment Advisors LLC raised its stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 1.1% during the 1st quarter. Milestone Investment Advisors LLC now owns 61,469 shares of the company’s stock worth $3,260,000 after buying an additional 655 shares in the last quarter. Princeton Global Asset Management LLC raised its stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 68.4% during the 1st quarter. Princeton Global Asset Management LLC now owns 1,982 shares of the company’s stock worth $105,000 after buying an additional 805 shares in the last quarter. Finally, Wealthfront Advisers LLC lifted its holdings in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 3.7% in the 1st quarter. Wealthfront Advisers LLC now owns 26,570 shares of the company’s stock valued at $1,409,000 after buying an additional 944 shares during the period.

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.