Miracle Mile Advisors LLC Decreases Stock Holdings in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (NYSEARCA:EFAX)

Miracle Mile Advisors LLC decreased its holdings in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (NYSEARCA:EFAX) by 5.5% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 152,656 shares of the company’s stock after selling 8,881 shares during the quarter. Miracle Mile Advisors LLC owned 2.50% of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF worth $6,349,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of EFAX. Cerity Partners LLC raised its position in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 104.4% in the 4th quarter. Cerity Partners LLC now owns 91,183 shares of the company’s stock worth $3,557,000 after buying an additional 46,579 shares during the last quarter. LPL Financial LLC increased its position in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 16.8% during the 3rd quarter. LPL Financial LLC now owns 153,754 shares of the company’s stock valued at $5,454,000 after purchasing an additional 22,087 shares during the last quarter. Gemmer Asset Management LLC increased its position in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 7.4% during the 4th quarter. Gemmer Asset Management LLC now owns 277,774 shares of the company’s stock valued at $10,836,000 after purchasing an additional 19,120 shares during the last quarter. AGF Management Ltd. increased its position in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 240.0% during the 4th quarter. AGF Management Ltd. now owns 25,500 shares of the company’s stock valued at $995,000 after purchasing an additional 18,000 shares during the last quarter. Finally, International Assets Investment Management LLC purchased a new stake in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF during the 4th quarter valued at about $493,000.

SPDR MSCI EAFE Fossil Fuel Reserves Free ETF Stock Performance

Shares of NYSEARCA EFAX traded down $0.01 during midday trading on Monday, hitting $40.78. 33,910 shares of the company’s stock traded hands, compared to its average volume of 15,642. SPDR MSCI EAFE Fossil Fuel Reserves Free ETF has a 1 year low of $33.57 and a 1 year high of $42.44. The stock has a market capitalization of $277.30 million, a price-to-earnings ratio of 16.76 and a beta of 0.86. The firm has a fifty day moving average of $41.21 and a 200 day moving average of $40.29.

About SPDR MSCI EAFE Fossil Fuel Reserves Free ETF

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.