Hager Investment Management Services LLC Makes New Investment in SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX)

Hager Investment Management Services LLC purchased a new stake in SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) in the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 744 shares of the company’s stock, valued at approximately $36,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in SPYX. Kennebec Savings Bank purchased a new position in SPDR S&P Fossil Fuel Reserves Free ETF during the third quarter worth about $89,000. Urban Financial Advisory Corp acquired a new position in shares of SPDR S&P Fossil Fuel Reserves Free ETF in the 3rd quarter worth approximately $164,000. Key Financial Inc purchased a new position in shares of SPDR S&P Fossil Fuel Reserves Free ETF during the 3rd quarter worth approximately $215,000. Sigma Planning Corp acquired a new stake in SPDR S&P Fossil Fuel Reserves Free ETF in the 3rd quarter valued at approximately $347,000. Finally, Horst & Graben Wealth Management LLC raised its position in SPDR S&P Fossil Fuel Reserves Free ETF by 4.4% in the third quarter. Horst & Graben Wealth Management LLC now owns 7,621 shares of the company’s stock valued at $360,000 after purchasing an additional 318 shares during the period.

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

SPYX opened at $49.66 on Thursday. SPDR S&P Fossil Fuel Reserves Free ETF has a 52 week low of $40.21 and a 52 week high of $50.15. The business has a fifty day simple moving average of $49.10 and a 200-day simple moving average of $47.39. The firm has a market cap of $2.02 billion, a P/E ratio of 28.63 and a beta of 1.02.

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.