Spinnaker Trust Trims Stake in SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX)

Spinnaker Trust lowered its holdings in SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) by 1.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 297,636 shares of the company’s stock after selling 4,728 shares during the quarter. SPDR S&P Fossil Fuel Reserves Free ETF accounts for 0.9% of Spinnaker Trust’s holdings, making the stock its 24th largest holding. Spinnaker Trust owned 0.73% of SPDR S&P Fossil Fuel Reserves Free ETF worth $14,331,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SPYX. Hager Investment Management Services LLC acquired a new stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF in the fourth quarter valued at $36,000. Kennebec Savings Bank acquired a new stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF in the third quarter valued at $89,000. Urban Financial Advisory Corp acquired a new stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF in the third quarter valued at $164,000. Key Financial Inc acquired a new stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF in the third quarter valued at $215,000. Finally, Apollon Wealth Management LLC grew its stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 12.5% in the fourth quarter. Apollon Wealth Management LLC now owns 5,080 shares of the company’s stock valued at $245,000 after buying an additional 565 shares in the last quarter.

SPDR S&P Fossil Fuel Reserves Free ETF Trading Up 0.0 %

Shares of NYSEARCA SPYX opened at $50.10 on Friday. SPDR S&P Fossil Fuel Reserves Free ETF has a twelve month low of $40.31 and a twelve month high of $50.19. The stock has a fifty day simple moving average of $49.13 and a 200-day simple moving average of $47.59. The stock has a market capitalization of $2.04 billion, a PE ratio of 28.63 and a beta of 1.02.

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.