SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) Reaches New 52-Week High – Here’s What Happened

SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) reached a new 52-week high during trading on Thursday . The company traded as high as $50.10 and last traded at $50.10, with a volume of 39961 shares changing hands. The stock had previously closed at $49.83.

SPDR S&P Fossil Fuel Reserves Free ETF Price Performance

The company’s 50 day simple moving average is $48.99 and its two-hundred day simple moving average is $47.18. The company has a market cap of $2.03 billion, a PE ratio of 28.63 and a beta of 1.02.

Hedge Funds Weigh In On SPDR S&P Fossil Fuel Reserves Free ETF

Several hedge funds have recently bought and sold shares of SPYX. Kennebec Savings Bank acquired a new stake in SPDR S&P Fossil Fuel Reserves Free ETF in the third quarter valued at approximately $89,000. Urban Financial Advisory Corp acquired a new stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF in the 3rd quarter valued at $164,000. Key Financial Inc purchased a new stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF during the 3rd quarter worth $215,000. Sigma Planning Corp acquired a new position in shares of SPDR S&P Fossil Fuel Reserves Free ETF during the third quarter worth $347,000. Finally, Horst & Graben Wealth Management LLC increased its holdings in SPDR S&P Fossil Fuel Reserves Free ETF by 4.4% in the third quarter. Horst & Graben Wealth Management LLC now owns 7,621 shares of the company’s stock valued at $360,000 after buying an additional 318 shares during 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.