Hobbs Group Advisors LLC Reduces Holdings in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (NYSEARCA:EFAX)

Hobbs Group Advisors LLC lowered its position in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (NYSEARCA:EFAX) by 14.8% during the fourth quarter, Holdings Channel reports. The firm owned 7,623 shares of the company’s stock after selling 1,323 shares during the quarter. Hobbs Group Advisors LLC’s holdings in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF were worth $303,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Tortoise Investment Management LLC increased its position in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 89.4% during the fourth quarter. Tortoise Investment Management LLC now owns 3,167 shares of the company’s stock worth $126,000 after buying an additional 1,495 shares during the period. Avantax Advisory Services Inc. acquired a new stake in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF in the fourth quarter valued at approximately $225,000. HighTower Advisors LLC grew its position in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 12.9% during the third quarter. HighTower Advisors LLC now owns 6,205 shares of the company’s stock worth $272,000 after acquiring an additional 710 shares during the last quarter. Urban Financial Advisory Corp increased its stake in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 5.3% in the third quarter. Urban Financial Advisory Corp now owns 8,425 shares of the company’s stock valued at $368,000 after purchasing an additional 421 shares during the period. Finally, Retirement Income Solutions Inc increased its position in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 4.9% in the 4th quarter. Retirement Income Solutions Inc now owns 9,043 shares of the company’s stock valued at $360,000 after acquiring an additional 424 shares during the period.

SPDR MSCI EAFE Fossil Fuel Reserves Free ETF Stock Performance

EFAX stock opened at $43.35 on Friday. SPDR MSCI EAFE Fossil Fuel Reserves Free ETF has a one year low of $38.80 and a one year high of $44.64. The company has a fifty day moving average of $43.02 and a 200-day moving average of $42.06. The stock has a market capitalization of $333.80 million, a PE ratio of 17.55 and a beta of 0.89.

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.