SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) Sees Unusually-High Trading Volume – What’s Next?

SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) shares saw strong trading volume on Tuesday . 2,002,358 shares were traded during mid-day trading, an increase of 1,277% from the previous session’s volume of 145,420 shares.The stock last traded at $56.3490 and had previously closed at $55.90.

SPDR S&P Fossil Fuel Reserves Free ETF Stock Performance

The company has a 50-day simple moving average of $56.53 and a 200-day simple moving average of $55.36. The company has a market cap of $2.37 billion, a price-to-earnings ratio of 26.26 and a beta of 1.00.

Institutional Trading of SPDR S&P Fossil Fuel Reserves Free ETF

A number of institutional investors have recently added to or reduced their stakes in SPYX. Optima Capital LLC acquired a new stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF during the 4th quarter valued at approximately $31,000. First Financial Corp IN purchased a new position in shares of SPDR S&P Fossil Fuel Reserves Free ETF in the fourth quarter valued at $32,000. Oak Harbor Wealth Partners LLC acquired a new position in shares of SPDR S&P Fossil Fuel Reserves Free ETF during the 4th quarter worth $56,000. Advisory Services Network LLC acquired a new position in shares of SPDR S&P Fossil Fuel Reserves Free ETF during the 3rd quarter worth $55,000. Finally, Palisade Asset Management LLC purchased a new stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF in the third quarter valued at about $55,000.

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.