Institute for Wealth Management LLC. Sells 126,678 Shares of SPDR S&P Fossil Fuel Reserves Free ETF $SPYX

Institute for Wealth Management LLC. reduced its stake in SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) by 96.5% in the 4th quarter, HoldingsChannel reports. The firm owned 4,530 shares of the company’s stock after selling 126,678 shares during the quarter. Institute for Wealth Management LLC.’s holdings in SPDR S&P Fossil Fuel Reserves Free ETF were worth $255,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Optima Capital LLC bought a new stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF during the fourth quarter valued at approximately $31,000. First Financial Corp IN acquired a new position in SPDR S&P Fossil Fuel Reserves Free ETF during the fourth quarter worth $32,000. Advisory Services Network LLC acquired a new position in SPDR S&P Fossil Fuel Reserves Free ETF during the third quarter worth $55,000. Palisade Asset Management LLC bought a new position in shares of SPDR S&P Fossil Fuel Reserves Free ETF in the third quarter valued at $55,000. Finally, Private Trust Co. NA grew its holdings in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 162.4% during the fourth quarter. Private Trust Co. NA now owns 1,236 shares of the company’s stock valued at $69,000 after buying an additional 765 shares during the last quarter.

SPDR S&P Fossil Fuel Reserves Free ETF Stock Performance

SPYX stock opened at $58.06 on Tuesday. The company has a market capitalization of $2.56 billion, a P/E ratio of 26.26 and a beta of 1.00. SPDR S&P Fossil Fuel Reserves Free ETF has a 52-week low of $41.72 and a 52-week high of $58.42. The business has a 50-day simple moving average of $55.20 and a two-hundred day simple moving average of $55.73.

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.