Red Crane Wealth Management LLC Takes $423,000 Position in SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX)

Red Crane Wealth Management LLC purchased a new position in SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 8,782 shares of the company’s stock, valued at approximately $423,000.

Several other institutional investors also recently bought and sold shares of the company. Trademark Financial Management LLC increased its position in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 5.5% during the fourth quarter. Trademark Financial Management LLC now owns 7,677 shares of the company’s stock valued at $370,000 after acquiring an additional 397 shares in the last quarter. Sovran Advisors LLC purchased a new position in shares of SPDR S&P Fossil Fuel Reserves Free ETF in the fourth quarter worth $368,000. Focus Financial Network Inc. lifted its holdings in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 2.3% during the fourth quarter. Focus Financial Network Inc. now owns 16,885 shares of the company’s stock valued at $813,000 after purchasing an additional 379 shares in the last quarter. Apollon Wealth Management LLC boosted its position in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 12.5% during the fourth quarter. Apollon Wealth Management LLC now owns 5,080 shares of the company’s stock valued at $245,000 after buying an additional 565 shares during the last quarter. Finally, Golden State Wealth Management LLC bought a new stake in SPDR S&P Fossil Fuel Reserves Free ETF in the 4th quarter worth about $425,000.

SPDR S&P Fossil Fuel Reserves Free ETF Stock Performance

Shares of NYSEARCA:SPYX opened at $48.82 on Wednesday. The firm has a market cap of $2.12 billion, a price-to-earnings ratio of 27.54 and a beta of 1.00. The business has a 50-day simple moving average of $49.13 and a two-hundred day simple moving average of $47.98. SPDR S&P Fossil Fuel Reserves Free ETF has a fifty-two week low of $40.31 and a fifty-two week high of $50.35.

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.