Sovran Advisors LLC Invests $368,000 in SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX)

Sovran Advisors LLC acquired a new stake in SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 7,690 shares of the company’s stock, valued at approximately $368,000.

A number of other institutional investors also recently added to or reduced their stakes in SPYX. CWM LLC raised its position in SPDR S&P Fossil Fuel Reserves Free ETF by 26.3% in the third quarter. CWM LLC now owns 15,225 shares of the company’s stock worth $719,000 after acquiring an additional 3,170 shares in the last quarter. PFG Advisors boosted its holdings in SPDR S&P Fossil Fuel Reserves Free ETF by 2.6% during the third quarter. PFG Advisors now owns 49,027 shares of the company’s stock worth $2,317,000 after buying an additional 1,257 shares in the last quarter. Horst & Graben Wealth Management LLC boosted its holdings in SPDR S&P Fossil Fuel Reserves Free ETF by 4.4% during the third quarter. Horst & Graben Wealth Management LLC now owns 7,621 shares of the company’s stock worth $360,000 after buying an additional 318 shares in the last quarter. Lake Street Advisors Group LLC boosted its holdings in SPDR S&P Fossil Fuel Reserves Free ETF by 13.8% during the third quarter. Lake Street Advisors Group LLC now owns 873,097 shares of the company’s stock worth $41,254,000 after buying an additional 105,916 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its position in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 24.4% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 16,919 shares of the company’s stock valued at $799,000 after acquiring an additional 3,314 shares during the period.

SPDR S&P Fossil Fuel Reserves Free ETF Trading Down 0.3 %

SPYX stock opened at $49.57 on Thursday. The firm has a 50 day moving average of $49.13 and a 200-day moving average of $47.56. SPDR S&P Fossil Fuel Reserves Free ETF has a 12-month low of $40.21 and a 12-month high of $50.15. The company has a market cap of $2.01 billion, a price-to-earnings ratio of 28.63 and a beta of 1.02.

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.