Eastern Bank Makes New $174,000 Investment in SPDR S&P Fossil Fuel Reserves Free ETF $SPYX

Eastern Bank purchased a new position in SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 3,411 shares of the company’s stock, valued at approximately $174,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Farther Finance Advisors LLC increased its stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 85.0% in the second quarter. Farther Finance Advisors LLC now owns 627 shares of the company’s stock worth $32,000 after purchasing an additional 288 shares during the period. Proffitt & Goodson Inc. increased its stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 48.9% in the first quarter. Proffitt & Goodson Inc. now owns 1,766 shares of the company’s stock worth $81,000 after purchasing an additional 580 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 14.8% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 2,879 shares of the company’s stock worth $132,000 after purchasing an additional 372 shares during the period. TCTC Holdings LLC bought a new position in shares of SPDR S&P Fossil Fuel Reserves Free ETF in the first quarter worth about $137,000. Finally, Ballentine Partners LLC increased its stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 15.1% in the first quarter. Ballentine Partners LLC now owns 5,450 shares of the company’s stock worth $249,000 after purchasing an additional 716 shares during the period.

SPDR S&P Fossil Fuel Reserves Free ETF Stock Performance

SPDR S&P Fossil Fuel Reserves Free ETF stock opened at $53.81 on Monday. The business’s 50-day simple moving average is $53.65 and its 200-day simple moving average is $49.99. The firm has a market capitalization of $2.34 billion, a PE ratio of 26.26 and a beta of 0.99. SPDR S&P Fossil Fuel Reserves Free ETF has a 52 week low of $39.59 and a 52 week high of $55.53.

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.