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

SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX)’s share price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $57.35 and last traded at $57.35, with a volume of 88349 shares trading hands. The stock had previously closed at $56.82.

SPDR S&P Fossil Fuel Reserves Free ETF Price Performance

The firm has a market cap of $2.53 billion, a P/E ratio of 26.26 and a beta of 1.00. The company’s 50-day simple moving average is $55.09 and its 200 day simple moving average is $55.65.

Institutional Inflows and Outflows

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