SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) Reaches New 52-Week High – Here’s What Happened

SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX)’s share price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $54.97 and last traded at $54.95, with a volume of 160951 shares trading hands. The stock had previously closed at $54.83.

SPDR S&P Fossil Fuel Reserves Free ETF Stock Performance

The business’s 50 day moving average price is $52.95 and its 200-day moving average price is $49.23. The firm has a market capitalization of $2.37 billion, a PE ratio of 26.26 and a beta of 0.99.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Thrivent Financial for Lutherans acquired a new position in shares of SPDR S&P Fossil Fuel Reserves Free ETF in the second quarter valued at approximately $467,000. BLVD Private Wealth LLC acquired a new position in shares of SPDR S&P Fossil Fuel Reserves Free ETF in the second quarter valued at approximately $551,000. Corient Private Wealth LLC grew its holdings in SPDR S&P Fossil Fuel Reserves Free ETF by 307.1% during the 2nd quarter. Corient Private Wealth LLC now owns 60,822 shares of the company’s stock worth $3,098,000 after acquiring an additional 45,880 shares in the last quarter. Tidal Investments LLC acquired a new position in SPDR S&P Fossil Fuel Reserves Free ETF during the 2nd quarter worth approximately $1,552,000. Finally, Great Valley Advisor Group Inc. acquired a new position in SPDR S&P Fossil Fuel Reserves Free ETF during the 2nd quarter worth approximately $412,000.

About SPDR S&P Fossil Fuel Reserves Free ETF

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.