SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) Sets New 52-Week High – What’s Next?

SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $60.60 and last traded at $60.45, with a volume of 1607673 shares. The stock had previously closed at $60.38.

SPDR S&P Fossil Fuel Reserves Free ETF Stock Up 0.1%

The stock has a market capitalization of $2.63 billion, a price-to-earnings ratio of 26.26 and a beta of 1.00. The business’s 50 day simple moving average is $55.89 and its 200-day simple moving average is $56.10.

Institutional Investors Weigh In On SPDR S&P Fossil Fuel Reserves Free ETF

A number of large investors have recently bought and sold shares of SPYX. JPMorgan Chase & Co. grew its stake in SPDR S&P Fossil Fuel Reserves Free ETF by 13.9% during the second quarter. JPMorgan Chase & Co. now owns 26,971 shares of the company’s stock worth $1,374,000 after buying an additional 3,282 shares in the last quarter. Sei Investments Co. grew its stake in SPDR S&P Fossil Fuel Reserves Free ETF by 2.5% during the second quarter. Sei Investments Co. now owns 138,231 shares of the company’s stock worth $7,040,000 after buying an additional 3,340 shares in the last quarter. Raymond James Financial Inc. grew its stake in SPDR S&P Fossil Fuel Reserves Free ETF by 7.1% during the second quarter. Raymond James Financial Inc. now owns 32,878 shares of the company’s stock worth $1,674,000 after buying an additional 2,182 shares in the last quarter. Jane Street Group LLC acquired a new stake in SPDR S&P Fossil Fuel Reserves Free ETF during the second quarter worth about $561,000. Finally, Ameriprise Financial Inc. boosted its stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 8.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 185,338 shares of the company’s stock valued at $9,441,000 after purchasing an additional 13,810 shares in the last quarter.

SPDR S&P Fossil Fuel Reserves Free ETF Company 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.