Choate Investment Advisors Has $133.81 Million Holdings in SPDR S&P Fossil Fuel Reserves Free ETF $SPYX

Choate Investment Advisors lowered its position in SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) by 2.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,381,460 shares of the company’s stock after selling 60,664 shares during the period. SPDR S&P Fossil Fuel Reserves Free ETF makes up approximately 2.6% of Choate Investment Advisors’ investment portfolio, making the stock its 7th biggest holding. Choate Investment Advisors owned approximately 0.06% of SPDR S&P Fossil Fuel Reserves Free ETF worth $133,814,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Axxcess Wealth Management LLC lifted its stake in SPDR S&P Fossil Fuel Reserves Free ETF by 244.6% in the third quarter. Axxcess Wealth Management LLC now owns 46,567 shares of the company’s stock worth $2,554,000 after purchasing an additional 33,054 shares during the last quarter. Tiff Advisory Services LLC bought a new stake in SPDR S&P Fossil Fuel Reserves Free ETF in the third quarter worth about $18,614,000. Northern Financial Advisors Inc lifted its stake in SPDR S&P Fossil Fuel Reserves Free ETF by 485.4% in the third quarter. Northern Financial Advisors Inc now owns 34,489 shares of the company’s stock worth $1,892,000 after purchasing an additional 28,597 shares during the last quarter. Spinnaker Trust lifted its stake in SPDR S&P Fossil Fuel Reserves Free ETF by 41.9% in the third quarter. Spinnaker Trust now owns 424,171 shares of the company’s stock worth $23,266,000 after purchasing an additional 125,227 shares during the last quarter. Finally, Human Investing LLC bought a new stake in SPDR S&P Fossil Fuel Reserves Free ETF in the fourth quarter worth about $580,000.

SPDR S&P Fossil Fuel Reserves Free ETF Price Performance

Shares of NYSEARCA SPYX opened at $61.00 on Monday. The company has a market cap of $2.66 billion, a P/E ratio of 26.26 and a beta of 1.00. SPDR S&P Fossil Fuel Reserves Free ETF has a 1 year low of $47.26 and a 1 year high of $61.34. The firm has a 50-day simple moving average of $56.77 and a two-hundred day simple moving average of $56.39.

About SPDR S&P Fossil Fuel Reserves Free ETF

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.