SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) Sets New 52-Week High – What’s Next?

SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $57.25 and last traded at $57.21, with a volume of 24370 shares traded. The stock had previously closed at $57.15.

SPDR S&P Fossil Fuel Reserves Free ETF Price Performance

The stock has a market cap of $2.55 billion, a price-to-earnings ratio of 26.26 and a beta of 1.00. The business’s 50 day moving average is $56.04 and its 200 day moving average is $54.31.

Hedge Funds Weigh In On SPDR S&P Fossil Fuel Reserves Free ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. 4Thought Financial Group Inc. raised its holdings in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 5.3% during the second quarter. 4Thought Financial Group Inc. now owns 4,942 shares of the company’s stock valued at $252,000 after acquiring an additional 250 shares during the period. Trust Co. of Vermont raised its stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 2.3% in the second quarter. Trust Co. of Vermont now owns 11,371 shares of the company’s stock worth $579,000 after acquiring an additional 251 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in SPDR S&P Fossil Fuel Reserves Free ETF by 85.0% during the 2nd quarter. Farther Finance Advisors LLC now owns 627 shares of the company’s stock worth $32,000 after purchasing an additional 288 shares during the last quarter. North Berkeley Wealth Management LLC boosted its position in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 4.8% in the 3rd quarter. North Berkeley Wealth Management LLC now owns 7,436 shares of the company’s stock worth $408,000 after purchasing an additional 338 shares during the last quarter. Finally, Flputnam Investment Management Co. grew its holdings in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 0.5% in the 3rd quarter. Flputnam Investment Management Co. now owns 75,130 shares of the company’s stock valued at $4,121,000 after buying an additional 373 shares during the period.

SPDR S&P Fossil Fuel Reserves Free ETF Company 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.