Bailard Inc. Has $1.42 Million Stock Position in SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX)

Bailard Inc. raised its stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) by 13.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 29,416 shares of the company’s stock after purchasing an additional 3,533 shares during the quarter. Bailard Inc. owned 0.07% of SPDR S&P Fossil Fuel Reserves Free ETF worth $1,416,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Hager Investment Management Services LLC acquired a new stake in SPDR S&P Fossil Fuel Reserves Free ETF during the fourth quarter valued at approximately $36,000. Kennebec Savings Bank acquired a new position in shares of SPDR S&P Fossil Fuel Reserves Free ETF in the 3rd quarter worth approximately $89,000. Urban Financial Advisory Corp acquired a new position in shares of SPDR S&P Fossil Fuel Reserves Free ETF in the 3rd quarter worth approximately $164,000. Apollon Wealth Management LLC boosted its holdings in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 12.5% in the 4th quarter. Apollon Wealth Management LLC now owns 5,080 shares of the company’s stock worth $245,000 after acquiring an additional 565 shares in the last quarter. Finally, US Bancorp DE boosted its holdings in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 12.3% in the 4th quarter. US Bancorp DE now owns 5,459 shares of the company’s stock worth $263,000 after acquiring an additional 596 shares in the last quarter.

SPDR S&P Fossil Fuel Reserves Free ETF Price Performance

Shares of SPYX opened at $47.99 on Tuesday. The company has a market capitalization of $2.09 billion, a P/E ratio of 27.54 and a beta of 1.00. SPDR S&P Fossil Fuel Reserves Free ETF has a one year low of $40.31 and a one year high of $50.35. The business’s 50 day simple moving average is $49.12 and its 200-day simple moving average is $48.09.

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.