Forefront Analytics LLC Makes New Investment in SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX)

Forefront Analytics LLC acquired a new stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 124,227 shares of the company’s stock, valued at approximately $5,982,000. SPDR S&P Fossil Fuel Reserves Free ETF comprises about 2.8% of Forefront Analytics LLC’s portfolio, making the stock its 16th largest holding. Forefront Analytics LLC owned about 0.31% of SPDR S&P Fossil Fuel Reserves Free ETF at the end of the most recent reporting period.

Several other large investors have also modified their holdings of SPYX. Burns J W & Co. Inc. NY raised its holdings in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 6.4% during the fourth quarter. Burns J W & Co. Inc. NY now owns 9,925 shares of the company’s stock valued at $478,000 after acquiring an additional 600 shares during the period. Accurate Wealth Management LLC acquired a new stake in SPDR S&P Fossil Fuel Reserves Free ETF during the 4th quarter worth about $509,000. West Coast Financial LLC boosted its position in SPDR S&P Fossil Fuel Reserves Free ETF by 116.9% during the 4th quarter. West Coast Financial LLC now owns 16,151 shares of the company’s stock worth $778,000 after acquiring an additional 8,704 shares during the period. Gemmer Asset Management LLC grew its stake in SPDR S&P Fossil Fuel Reserves Free ETF by 5.6% during the 4th quarter. Gemmer Asset Management LLC now owns 388,075 shares of the company’s stock valued at $18,686,000 after acquiring an additional 20,646 shares in the last quarter. Finally, Clear Harbor Asset Management LLC increased its holdings in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 1.6% in the 4th quarter. Clear Harbor Asset Management LLC now owns 27,645 shares of the company’s stock valued at $1,331,000 after purchasing an additional 422 shares during the period.

SPDR S&P Fossil Fuel Reserves Free ETF Stock Performance

Shares of SPYX opened at $46.37 on Friday. The company’s 50 day moving average price is $45.12 and its 200 day moving average price is $47.60. The company has a market capitalization of $2.02 billion, a PE ratio of 25.52 and a beta of 1.01. SPDR S&P Fossil Fuel Reserves Free ETF has a 52 week low of $39.59 and a 52 week high of $50.35.

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.