Bank of New York Mellon Corp Reduces Holdings in SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX)

Bank of New York Mellon Corp decreased its stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) by 7.3% during the fourth quarter, HoldingsChannel reports. The firm owned 1,443,142 shares of the company’s stock after selling 114,307 shares during the quarter. Bank of New York Mellon Corp’s holdings in SPDR S&P Fossil Fuel Reserves Free ETF were worth $69,487,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of SPYX. Wealth Enhancement Advisory Services LLC boosted its position in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 24.4% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 16,919 shares of the company’s stock valued at $799,000 after purchasing an additional 3,314 shares in the last quarter. Spinnaker Trust lifted its position in SPDR S&P Fossil Fuel Reserves Free ETF by 13.4% during the third quarter. Spinnaker Trust now owns 302,364 shares of the company’s stock valued at $14,287,000 after buying an additional 35,626 shares during the period. Sigma Planning Corp bought a new stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF during the 3rd quarter valued at $347,000. Kennebec Savings Bank purchased a new stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF in the 3rd quarter worth about $89,000. Finally, OneDigital Investment Advisors LLC increased its stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 64.9% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 36,466 shares of the company’s stock worth $1,723,000 after acquiring an additional 14,352 shares in the last quarter.

SPDR S&P Fossil Fuel Reserves Free ETF Price Performance

Shares of NYSEARCA SPYX opened at $47.99 on Tuesday. SPDR S&P Fossil Fuel Reserves Free ETF has a 1 year low of $40.31 and a 1 year high of $50.35. The firm has a 50-day moving average of $49.12 and a 200 day moving average of $48.09. The stock has a market cap 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 Company 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.