SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) Sees Strong Trading Volume – Here’s What Happened

SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) shares saw unusually-high trading volume on Thursday. 281,025 shares traded hands during mid-day trading, an increase of 138% from the previous session’s volume of 118,075 shares. The stock last traded at $62.3270 and had previously closed at $62.48.

SPDR S&P Fossil Fuel Reserves Free ETF Trading Down 0.2%

The business has a fifty day simple moving average of $62.57 and a two-hundred day simple moving average of $60.15. The company has a market cap of $2.83 billion, a PE ratio of 26.26 and a beta of 1.00.

Institutional Trading of SPDR S&P Fossil Fuel Reserves Free ETF

Several large investors have recently bought and sold shares of the business. Bank of America Corp DE lifted its stake in SPDR S&P Fossil Fuel Reserves Free ETF by 6.5% in the 1st quarter. Bank of America Corp DE now owns 1,011,233 shares of the company’s stock worth $53,626,000 after purchasing an additional 61,516 shares in the last quarter. Spinnaker Trust grew its holdings in SPDR S&P Fossil Fuel Reserves Free ETF by 1.0% in the 1st quarter. Spinnaker Trust now owns 432,061 shares of the company’s stock valued at $22,912,000 after buying an additional 4,211 shares in the last quarter. Allianz SE grew its holdings in SPDR S&P Fossil Fuel Reserves Free ETF by 5.7% in the 4th quarter. Allianz SE now owns 298,008 shares of the company’s stock valued at $16,745,000 after buying an additional 16,000 shares in the last quarter. Royal Bank of Canada increased its stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 21.8% in the 1st quarter. Royal Bank of Canada now owns 266,749 shares of the company’s stock worth $14,146,000 after acquiring an additional 47,737 shares during the last quarter. Finally, Gould Asset Management LLC CA increased its stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 1.7% in the 1st quarter. Gould Asset Management LLC CA now owns 182,436 shares of the company’s stock worth $9,675,000 after acquiring an additional 3,055 shares during the last quarter.

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.