Hanson & Doremus Investment Management Sells 2,132 Shares of SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX)

Hanson & Doremus Investment Management cut its holdings in shares of SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) by 7.2% during the 4th quarter, Holdings Channel reports. The institutional investor owned 27,544 shares of the company’s stock after selling 2,132 shares during the quarter. Hanson & Doremus Investment Management’s holdings in SPDR S&P Fossil Fuel Reserves Free ETF were worth $1,326,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in SPYX. Lake Street Advisors Group LLC raised its position in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 13.8% during the third quarter. Lake Street Advisors Group LLC now owns 873,097 shares of the company’s stock worth $41,254,000 after purchasing an additional 105,916 shares during the period. Spinnaker Trust increased its stake in SPDR S&P Fossil Fuel Reserves Free ETF by 13.4% during the 3rd quarter. Spinnaker Trust now owns 302,364 shares of the company’s stock valued at $14,287,000 after purchasing an additional 35,626 shares in the last quarter. Gemmer Asset Management LLC raised its holdings in SPDR S&P Fossil Fuel Reserves Free ETF by 6.2% during the third quarter. Gemmer Asset Management LLC now owns 367,429 shares of the company’s stock worth $17,361,000 after buying an additional 21,380 shares during the last quarter. OneDigital Investment Advisors LLC lifted its stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 64.9% in the third quarter. OneDigital Investment Advisors LLC now owns 36,466 shares of the company’s stock valued at $1,723,000 after buying an additional 14,352 shares in the last quarter. Finally, Accurate Wealth Management LLC acquired a new position in shares of SPDR S&P Fossil Fuel Reserves Free ETF during the fourth quarter valued at about $509,000.

SPDR S&P Fossil Fuel Reserves Free ETF Stock Performance

Shares of NYSEARCA SPYX opened at $49.46 on Thursday. The stock has a market cap of $2.01 billion, a price-to-earnings ratio of 28.63 and a beta of 1.02. SPDR S&P Fossil Fuel Reserves Free ETF has a fifty-two week low of $39.54 and a fifty-two week high of $50.15. The firm’s 50-day simple moving average is $49.04 and its 200 day simple moving average is $47.25.

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.