Institute for Wealth Management LLC. Purchases 7,526 Shares of SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX)

Institute for Wealth Management LLC. boosted its position in SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) by 5.8% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 138,175 shares of the company’s stock after acquiring an additional 7,526 shares during the quarter. SPDR S&P Fossil Fuel Reserves Free ETF makes up approximately 0.8% of Institute for Wealth Management LLC.’s investment portfolio, making the stock its 15th largest holding. Institute for Wealth Management LLC.’s holdings in SPDR S&P Fossil Fuel Reserves Free ETF were worth $6,653,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Kennebec Savings Bank bought a new position in SPDR S&P Fossil Fuel Reserves Free ETF during the third quarter worth $89,000. Urban Financial Advisory Corp bought a new position in shares of SPDR S&P Fossil Fuel Reserves Free ETF during the 3rd quarter worth about $164,000. Key Financial Inc acquired a new position in shares of SPDR S&P Fossil Fuel Reserves Free ETF during the third quarter valued at about $215,000. Sigma Planning Corp bought a new stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF in the third quarter valued at about $347,000. Finally, Horst & Graben Wealth Management LLC grew its position 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.

SPDR S&P Fossil Fuel Reserves Free ETF Stock Up 0.5 %

SPDR S&P Fossil Fuel Reserves Free ETF stock opened at $49.72 on Friday. The business has a 50 day moving average price of $49.06 and a two-hundred day moving average price of $47.27. SPDR S&P Fossil Fuel Reserves Free ETF has a 12 month low of $39.54 and a 12 month high of $50.15. The stock has a market cap of $2.02 billion, a price-to-earnings ratio of 28.63 and a beta of 1.02.

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.