SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) Hits New 1-Year High – Here’s What Happened

SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) shares reached a new 52-week high on Monday . The company traded as high as $62.25 and last traded at $62.25, with a volume of 228286 shares changing hands. The stock had previously closed at $61.29.

SPDR S&P Fossil Fuel Reserves Free ETF Price Performance

The firm’s fifty day moving average is $61.14 and its two-hundred day moving average is $58.25. The firm has a market capitalization of $2.84 billion, a PE ratio of 26.26 and a beta of 1.00.

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

Several hedge funds have recently modified their holdings of SPYX. Optima Capital LLC purchased a new stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF during the fourth quarter valued at approximately $31,000. Advisory Services Network LLC purchased a new position in SPDR S&P Fossil Fuel Reserves Free ETF in the third quarter worth $55,000. Palisade Asset Management LLC purchased a new position in SPDR S&P Fossil Fuel Reserves Free ETF in the third quarter worth $55,000. Oak Harbor Wealth Partners LLC bought a new position in SPDR S&P Fossil Fuel Reserves Free ETF in the 4th quarter valued at $56,000. Finally, Private Trust Co. NA grew its stake in SPDR S&P Fossil Fuel Reserves Free ETF by 162.4% in the 4th quarter. Private Trust Co. NA now owns 1,236 shares of the company’s stock valued at $69,000 after purchasing an additional 765 shares during the period.

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.