SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) Reaches New 52-Week High – Here’s What Happened

SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $54.97 and last traded at $54.95, with a volume of 160951 shares. The stock had previously closed at $54.83.

SPDR S&P Fossil Fuel Reserves Free ETF Stock Down 0.3%

The company has a market cap of $2.37 billion, a price-to-earnings ratio of 26.26 and a beta of 0.99. The business has a fifty day simple moving average of $52.95 and a 200 day simple moving average of $49.23.

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

Hedge funds and other institutional investors have recently modified their holdings of the stock. Thrivent Financial for Lutherans purchased a new stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF during the 2nd quarter worth approximately $467,000. BLVD Private Wealth LLC acquired a new stake in SPDR S&P Fossil Fuel Reserves Free ETF in the second quarter valued at $551,000. Corient Private Wealth LLC increased its position in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 307.1% in the second quarter. Corient Private Wealth LLC now owns 60,822 shares of the company’s stock valued at $3,098,000 after buying an additional 45,880 shares in the last quarter. Tidal Investments LLC acquired a new position in shares of SPDR S&P Fossil Fuel Reserves Free ETF during the 2nd quarter worth $1,552,000. Finally, Great Valley Advisor Group Inc. purchased a new stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF in the 2nd quarter worth about $412,000.

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.