Spinnaker Trust Acquires 125,227 Shares of SPDR S&P Fossil Fuel Reserves Free ETF $SPYX

Spinnaker Trust raised its stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) by 41.9% during the 3rd quarter, HoldingsChannel reports. The firm owned 424,171 shares of the company’s stock after purchasing an additional 125,227 shares during the quarter. SPDR S&P Fossil Fuel Reserves Free ETF comprises 1.3% of Spinnaker Trust’s holdings, making the stock its 19th biggest position. Spinnaker Trust’s holdings in SPDR S&P Fossil Fuel Reserves Free ETF were worth $23,266,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently bought and sold shares of the company. Corient Private Wealth LLC grew its holdings in SPDR S&P Fossil Fuel Reserves Free ETF by 72.9% in the 2nd quarter. Corient Private Wealth LLC now owns 25,833 shares of the company’s stock valued at $1,316,000 after buying an additional 10,891 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 valued at $10,041,000 after purchasing an additional 9,487 shares during the last quarter. Hantz Financial Services Inc. acquired a new stake in SPDR S&P Fossil Fuel Reserves Free ETF in the 2nd quarter worth $55,000. Cerity Partners LLC increased its holdings in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 30.4% during the 2nd quarter. Cerity Partners LLC now owns 147,038 shares of the company’s stock worth $7,489,000 after purchasing an additional 34,291 shares during the period. Finally, Endeavor Private Wealth Inc. bought a new position in SPDR S&P Fossil Fuel Reserves Free ETF during the third quarter valued at about $577,000.

SPDR S&P Fossil Fuel Reserves Free ETF Trading Up 1.9%

Shares of NYSEARCA:SPYX opened at $56.64 on Friday. SPDR S&P Fossil Fuel Reserves Free ETF has a 1-year low of $39.59 and a 1-year high of $57.34. The business’s 50 day moving average is $56.54 and its 200-day moving average is $54.99. The firm has a market capitalization of $2.38 billion, a PE ratio of 26.26 and a beta of 1.00.

SPDR S&P Fossil Fuel Reserves Free ETF Profile

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.