Stonehearth Capital Management LLC Reduces Position in SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX)

Stonehearth Capital Management LLC reduced its stake in SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) by 6.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 74,621 shares of the company’s stock after selling 4,911 shares during the quarter. SPDR S&P Fossil Fuel Reserves Free ETF comprises approximately 1.4% of Stonehearth Capital Management LLC’s portfolio, making the stock its 16th biggest holding. Stonehearth Capital Management LLC owned approximately 0.18% of SPDR S&P Fossil Fuel Reserves Free ETF worth $3,593,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in SPYX. Larson Financial Group LLC purchased a new position in SPDR S&P Fossil Fuel Reserves Free ETF in the 2nd quarter valued at about $30,000. Kennebec Savings Bank purchased a new position in shares of SPDR S&P Fossil Fuel Reserves Free ETF during the third quarter valued at approximately $89,000. Urban Financial Advisory Corp purchased a new stake in SPDR S&P Fossil Fuel Reserves Free ETF in the 3rd quarter worth approximately $164,000. Key Financial Inc purchased a new stake in SPDR S&P Fossil Fuel Reserves Free ETF in the 3rd quarter worth approximately $215,000. Finally, Sigma Planning Corp acquired a new position in SPDR S&P Fossil Fuel Reserves Free ETF in the 3rd quarter valued at $347,000.

SPDR S&P Fossil Fuel Reserves Free ETF Stock Down 0.9 %

Shares of SPYX stock traded down $0.42 during mid-day trading on Tuesday, hitting $48.52. 68,279 shares of the company’s stock were exchanged, compared to its average volume of 139,959. The stock has a market cap of $1.97 billion, a price-to-earnings ratio of 28.63 and a beta of 1.02. The stock has a 50-day simple moving average of $48.79 and a two-hundred day simple moving average of $46.83. SPDR S&P Fossil Fuel Reserves Free ETF has a fifty-two week low of $38.33 and a fifty-two week high of $50.01.

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.