Northern Financial Advisors Inc Grows Stake in SPDR S&P Fossil Fuel Reserves Free ETF $SPYX

Northern Financial Advisors Inc boosted its holdings in SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) by 485.4% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 34,489 shares of the company’s stock after acquiring an additional 28,597 shares during the quarter. SPDR S&P Fossil Fuel Reserves Free ETF accounts for about 1.0% of Northern Financial Advisors Inc’s investment portfolio, making the stock its 28th largest position. Northern Financial Advisors Inc owned 0.08% of SPDR S&P Fossil Fuel Reserves Free ETF worth $1,892,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in SPYX. Bank of New York Mellon Corp raised its holdings in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 0.3% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,426,657 shares of the company’s stock valued at $72,660,000 after buying an additional 4,260 shares in the last quarter. Bank of America Corp DE increased its position in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 6.6% in the second quarter. Bank of America Corp DE now owns 846,160 shares of the company’s stock valued at $43,095,000 after acquiring an additional 52,743 shares during the period. PNC Financial Services Group Inc. raised its stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 0.9% during the third quarter. PNC Financial Services Group Inc. now owns 507,940 shares of the company’s stock valued at $27,861,000 after acquiring an additional 4,657 shares during the last quarter. Gemmer Asset Management LLC raised its stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 8.5% during the third quarter. Gemmer Asset Management LLC now owns 441,598 shares of the company’s stock valued at $24,222,000 after acquiring an additional 34,456 shares during the last quarter. Finally, Spinnaker Trust boosted its holdings in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 41.9% during the third quarter. Spinnaker Trust now owns 424,171 shares of the company’s stock worth $23,266,000 after purchasing an additional 125,227 shares during the period.

SPDR S&P Fossil Fuel Reserves Free ETF Price Performance

NYSEARCA SPYX opened at $56.08 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 stock has a market capitalization of $2.36 billion, a PE ratio of 26.26 and a beta of 1.00. The business’s 50-day moving average is $56.53 and its 200 day moving average is $55.25.

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.