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

Eastern Bank acquired a new position in shares of SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 3,411 shares of the company’s stock, valued at approximately $174,000.

Other large investors have also modified their holdings of the company. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 4.6% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 18,317 shares of the company’s stock valued at $838,000 after purchasing an additional 809 shares in the last quarter. Cornerstone Wealth Advisors Inc. lifted its holdings in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 20.9% in the first quarter. Cornerstone Wealth Advisors Inc. now owns 8,084 shares of the company’s stock valued at $370,000 after purchasing an additional 1,395 shares in the last quarter. Marino Stram & Associates LLC lifted its holdings in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 9.0% in the first quarter. Marino Stram & Associates LLC now owns 36,098 shares of the company’s stock valued at $1,651,000 after purchasing an additional 2,968 shares in the last quarter. Essex Financial Services Inc. lifted its holdings in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 5.5% in the first quarter. Essex Financial Services Inc. now owns 24,546 shares of the company’s stock valued at $1,123,000 after purchasing an additional 1,271 shares in the last quarter. Finally, Spinnaker Trust lifted its holdings in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 1.2% in the first quarter. Spinnaker Trust now owns 301,245 shares of the company’s stock valued at $13,782,000 after purchasing an additional 3,609 shares in the last quarter.

SPDR S&P Fossil Fuel Reserves Free ETF Stock Down 2.6%

SPYX opened at $53.81 on Monday. The stock has a fifty day moving average of $53.65 and a 200-day moving average of $49.99. The firm has a market capitalization of $2.34 billion, a P/E ratio of 26.26 and a beta of 0.99. SPDR S&P Fossil Fuel Reserves Free ETF has a 12-month low of $39.59 and a 12-month high of $55.53.

SPDR S&P Fossil Fuel Reserves Free ETF 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.