Lake Street Advisors Group LLC Raises Stock Position in SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX)

Lake Street Advisors Group LLC boosted its stake in SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) by 63.1% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 767,181 shares of the company’s stock after purchasing an additional 296,833 shares during the period. SPDR S&P Fossil Fuel Reserves Free ETF makes up approximately 1.6% of Lake Street Advisors Group LLC’s holdings, making the stock its 17th largest position. Lake Street Advisors Group LLC owned about 1.89% of SPDR S&P Fossil Fuel Reserves Free ETF worth $34,216,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 0.3% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 123,505 shares of the company’s stock worth $5,508,000 after buying an additional 420 shares during the last quarter. Axxcess Wealth Management LLC grew its position in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 2.8% during the 1st quarter. Axxcess Wealth Management LLC now owns 15,245 shares of the company’s stock valued at $652,000 after acquiring an additional 422 shares during the period. Boyd Wealth Management LLC increased its stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 1.1% in the 2nd quarter. Boyd Wealth Management LLC now owns 42,196 shares of the company’s stock worth $1,882,000 after purchasing an additional 475 shares in the last quarter. Bell Investment Advisors Inc raised its holdings in SPDR S&P Fossil Fuel Reserves Free ETF by 2.7% in the 4th quarter. Bell Investment Advisors Inc now owns 20,510 shares of the company’s stock worth $796,000 after purchasing an additional 537 shares during the period. Finally, International Assets Investment Management LLC purchased a new position in SPDR S&P Fossil Fuel Reserves Free ETF during the second quarter valued at $29,000.

SPDR S&P Fossil Fuel Reserves Free ETF Stock Performance

NYSEARCA:SPYX opened at $44.45 on Friday. The stock has a 50-day simple moving average of $45.06 and a two-hundred day simple moving average of $43.44. The firm has a market capitalization of $1.81 billion, a PE ratio of 28.63 and a beta of 1.02. SPDR S&P Fossil Fuel Reserves Free ETF has a 52-week low of $33.32 and a 52-week high of $46.32.

SPDR S&P Fossil Fuel Reserves Free ETF 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.