Tiff Advisory Services LLC Invests $18.61 Million in SPDR S&P Fossil Fuel Reserves Free ETF $SPYX

Tiff Advisory Services LLC bought a new stake in SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor bought 339,368 shares of the company’s stock, valued at approximately $18,614,000. SPDR S&P Fossil Fuel Reserves Free ETF accounts for about 3.9% of Tiff Advisory Services LLC’s investment portfolio, making the stock its 9th biggest holding. Tiff Advisory Services LLC owned approximately 0.77% of SPDR S&P Fossil Fuel Reserves Free ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of SPYX. IMA Advisory Services Inc. raised its stake in SPDR S&P Fossil Fuel Reserves Free ETF by 21.7% in the third quarter. IMA Advisory Services Inc. now owns 16,200 shares of the company’s stock valued at $889,000 after buying an additional 2,893 shares during the period. Wealthfront Advisers LLC increased its holdings in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 2.3% during the 3rd quarter. Wealthfront Advisers LLC now owns 26,307 shares of the company’s stock worth $1,443,000 after acquiring an additional 595 shares during the last quarter. AlTi Global Inc. raised its stake in SPDR S&P Fossil Fuel Reserves Free ETF by 6.9% in the 3rd quarter. AlTi Global Inc. now owns 24,888 shares of the company’s stock valued at $1,365,000 after acquiring an additional 1,599 shares during the period. Sensible Financial Planning & Management LLC. raised its stake in SPDR S&P Fossil Fuel Reserves Free ETF by 2.5% in the 3rd quarter. Sensible Financial Planning & Management LLC. now owns 395,140 shares of the company’s stock valued at $21,673,000 after acquiring an additional 9,583 shares during the period. Finally, Spinnaker Trust lifted its holdings in SPDR S&P Fossil Fuel Reserves Free ETF by 41.9% during the 3rd quarter. Spinnaker Trust now owns 424,171 shares of the company’s stock valued at $23,266,000 after purchasing an additional 125,227 shares during the last quarter.

SPDR S&P Fossil Fuel Reserves Free ETF Price Performance

SPYX stock opened at $55.88 on Friday. The stock has a market cap of $2.35 billion, a price-to-earnings ratio of 26.26 and a beta of 1.00. The company has a fifty day moving average price of $56.56 and a two-hundred day moving average price of $55.14. SPDR S&P Fossil Fuel Reserves Free ETF has a one year low of $39.59 and a one year high of $57.34.

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.