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) shares reached a new 52-week high on Tuesday . The company traded as high as $60.60 and last traded at $60.45, with a volume of 1607673 shares changing hands. The stock had previously closed at $60.38.

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

The business’s 50 day moving average price is $55.89 and its two-hundred day moving average price is $56.10. The company has a market capitalization of $2.63 billion, a price-to-earnings ratio of 26.26 and a beta of 1.00.

Institutional Investors Weigh In On SPDR S&P Fossil Fuel Reserves Free ETF

A number of hedge funds have recently made changes to their positions in SPYX. Optima Capital LLC acquired a new stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF in the 4th quarter valued at approximately $31,000. First Financial Corp IN acquired a new stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF in the 4th quarter valued at approximately $32,000. Advisory Services Network LLC acquired a new stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF in the 3rd quarter valued at approximately $55,000. Palisade Asset Management LLC acquired a new stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF in the 3rd quarter valued at approximately $55,000. Finally, Oak Harbor Wealth Partners LLC acquired a new stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF in the 4th quarter valued at approximately $56,000.

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.