Bridgewater Advisors Inc. Acquires 2,546 Shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF $EFAX

Bridgewater Advisors Inc. increased its holdings in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (NYSEARCA:EFAX) by 37.3% in the 2nd quarter, Holdings Channel.com reports. The firm owned 9,374 shares of the company’s stock after acquiring an additional 2,546 shares during the quarter. Bridgewater Advisors Inc.’s holdings in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF were worth $441,000 as of its most recent filing with the SEC.

Other institutional investors also recently added to or reduced their stakes in the company. N.E.W. Advisory Services LLC acquired a new position in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF during the first quarter worth approximately $78,000. Blue Zone Wealth Advisors LLC bought a new position in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF during the second quarter worth $216,000. Colton Groome Financial Advisors LLC raised its stake in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 9.5% during the 2nd quarter. Colton Groome Financial Advisors LLC now owns 5,165 shares of the company’s stock valued at $245,000 after purchasing an additional 450 shares during the last quarter. SCS Capital Management LLC acquired a new position in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF during the 1st quarter valued at $249,000. Finally, Foster Dykema Cabot & Partners LLC boosted its holdings in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 11.2% in the 1st quarter. Foster Dykema Cabot & Partners LLC now owns 6,967 shares of the company’s stock valued at $299,000 after purchasing an additional 700 shares during the period.

SPDR MSCI EAFE Fossil Fuel Reserves Free ETF Price Performance

NYSEARCA EFAX opened at $49.82 on Tuesday. The company’s fifty day moving average is $49.29 and its two-hundred day moving average is $47.54. SPDR MSCI EAFE Fossil Fuel Reserves Free ETF has a 52-week low of $38.08 and a 52-week high of $50.58. The firm has a market capitalization of $433.43 million, a price-to-earnings ratio of 17.37 and a beta of 0.85.

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.