Golden State Wealth Management LLC Makes New $425,000 Investment in SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX)

Golden State Wealth Management LLC purchased a new stake in SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 8,836 shares of the company’s stock, valued at approximately $425,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in SPYX. Bleakley Financial Group LLC grew its holdings in SPDR S&P Fossil Fuel Reserves Free ETF by 42.7% in the 4th quarter. Bleakley Financial Group LLC now owns 8,580 shares of the company’s stock valued at $413,000 after buying an additional 2,569 shares in the last quarter. Hager Investment Management Services LLC acquired a new position in shares of SPDR S&P Fossil Fuel Reserves Free ETF during the 4th quarter valued at about $36,000. Institute for Wealth Management LLC. grew its holdings in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 5.8% in the fourth quarter. Institute for Wealth Management LLC. now owns 138,175 shares of the company’s stock valued at $6,653,000 after purchasing an additional 7,526 shares during the period. Matrix Asset Advisors Inc. NY increased its position in SPDR S&P Fossil Fuel Reserves Free ETF by 19.3% during the fourth quarter. Matrix Asset Advisors Inc. NY now owns 14,054 shares of the company’s stock worth $677,000 after purchasing an additional 2,270 shares during the last quarter. Finally, Clear Harbor Asset Management LLC raised its stake in SPDR S&P Fossil Fuel Reserves Free ETF by 1.6% during the fourth quarter. Clear Harbor Asset Management LLC now owns 27,645 shares of the company’s stock worth $1,331,000 after purchasing an additional 422 shares during the period.

SPDR S&P Fossil Fuel Reserves Free ETF Price Performance

SPDR S&P Fossil Fuel Reserves Free ETF stock opened at $49.35 on Friday. The firm has a 50 day simple moving average of $49.13 and a 200-day simple moving average of $47.42. The stock has a market cap of $2.00 billion, a price-to-earnings ratio of 28.63 and a beta of 1.02. SPDR S&P Fossil Fuel Reserves Free ETF has a 1-year low of $40.21 and a 1-year high of $50.15.

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.