SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) Sets New 12-Month High – Here’s Why

Shares of SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) hit a new 52-week high on Tuesday . The stock traded as high as $61.35 and last traded at $61.35, with a volume of 9271 shares trading hands. The stock had previously closed at $60.77.

SPDR S&P Fossil Fuel Reserves Free ETF Stock Up 0.5%

The company has a market cap of $2.67 billion, a price-to-earnings ratio of 26.26 and a beta of 1.00. The firm has a 50 day moving average price of $56.90 and a two-hundred day moving average price of $56.43.

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

Institutional investors and hedge funds have recently made changes to their positions in the business. Windmill Hill Asset Management Ltd boosted its holdings in SPDR S&P Fossil Fuel Reserves Free ETF by 6.9% in the fourth quarter. Windmill Hill Asset Management Ltd now owns 6,341,875 shares of the company’s stock worth $356,350,000 after acquiring an additional 409,450 shares in the last quarter. Betterment LLC boosted its holdings in SPDR S&P Fossil Fuel Reserves Free ETF by 0.3% in the fourth quarter. Betterment LLC now owns 1,940,078 shares of the company’s stock worth $109,013,000 after acquiring an additional 5,794 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 6.5% in the first quarter. Bank of America Corp DE now owns 1,011,233 shares of the company’s stock valued at $53,626,000 after purchasing an additional 61,516 shares in the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 2.8% in the fourth quarter. PNC Financial Services Group Inc. now owns 522,214 shares of the company’s stock valued at $29,343,000 after purchasing an additional 14,274 shares in the last quarter. Finally, LPL Financial LLC lifted its holdings in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 9.4% in the fourth quarter. LPL Financial LLC now owns 481,995 shares of the company’s stock valued at $27,083,000 after purchasing an additional 41,314 shares in the last quarter.

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.