Financial Insights Inc. Invests $370,000 in SPDR S&P Fossil Fuel Reserves Free ETF $SPYX

Financial Insights Inc. purchased a new position in SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 7,266 shares of the company’s stock, valued at approximately $370,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Farther Finance Advisors LLC lifted its stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 85.0% in the second quarter. Farther Finance Advisors LLC now owns 627 shares of the company’s stock worth $32,000 after buying an additional 288 shares in the last quarter. NBC Securities Inc. purchased a new position in shares of SPDR S&P Fossil Fuel Reserves Free ETF in the first quarter worth about $43,000. Proffitt & Goodson Inc. lifted its stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 48.9% in the first quarter. Proffitt & Goodson Inc. now owns 1,766 shares of the company’s stock worth $81,000 after buying an additional 580 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 14.8% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 2,879 shares of the company’s stock worth $132,000 after buying an additional 372 shares in the last quarter. Finally, TCTC Holdings LLC acquired a new stake in SPDR S&P Fossil Fuel Reserves Free ETF during the first quarter worth about $137,000.

SPDR S&P Fossil Fuel Reserves Free ETF Trading Down 0.1%

SPDR S&P Fossil Fuel Reserves Free ETF stock opened at $55.06 on Friday. SPDR S&P Fossil Fuel Reserves Free ETF has a 12-month low of $39.59 and a 12-month high of $55.38. The stock has a market cap of $2.40 billion, a P/E ratio of 26.26 and a beta of 0.99. The company has a 50-day moving average price of $53.35 and a 200 day moving average price of $49.68.

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.