Hobbs Group Advisors LLC Decreases Stake in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (NYSEARCA:EFAX)

Hobbs Group Advisors LLC cut its stake in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (NYSEARCA:EFAX) by 14.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 7,623 shares of the company’s stock after selling 1,323 shares during the quarter. Hobbs Group Advisors LLC owned approximately 0.11% of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF worth $303,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in EFAX. Tortoise Investment Management LLC grew its holdings in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 89.4% during the 4th quarter. Tortoise Investment Management LLC now owns 3,167 shares of the company’s stock worth $126,000 after acquiring an additional 1,495 shares in the last quarter. Avantax Advisory Services Inc. acquired a new position in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF during the fourth quarter worth $225,000. HighTower Advisors LLC increased its holdings in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 12.9% in the third quarter. HighTower Advisors LLC now owns 6,205 shares of the company’s stock valued at $272,000 after buying an additional 710 shares during the last quarter. Retirement Income Solutions Inc raised its stake in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 4.9% in the fourth quarter. Retirement Income Solutions Inc now owns 9,043 shares of the company’s stock valued at $360,000 after buying an additional 424 shares in the last quarter. Finally, Urban Financial Advisory Corp lifted its holdings in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 5.3% during the 3rd quarter. Urban Financial Advisory Corp now owns 8,425 shares of the company’s stock worth $368,000 after buying an additional 421 shares during the last quarter.

SPDR MSCI EAFE Fossil Fuel Reserves Free ETF Stock Performance

EFAX opened at $43.35 on Friday. SPDR MSCI EAFE Fossil Fuel Reserves Free ETF has a one year low of $38.80 and a one year high of $44.64. The company has a market cap of $333.80 million, a P/E ratio of 17.55 and a beta of 0.89. The business’s 50-day simple moving average is $43.02 and its 200-day simple moving average is $42.06.

SPDR MSCI EAFE Fossil Fuel Reserves Free ETF Company Profile

The SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (EFAX) is an exchange-traded fund that is based on the MSCI EAFE ex Fossil Fuels index. The fund tracks a subset of the MSCI EAFE Index that excludes companies that own fossil fuel reserves. EFAX was launched on Oct 24, 2016 and is managed by State Street.