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

SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) shares saw unusually-strong trading volume on Monday . Approximately 316,732 shares were traded during trading, an increase of 187% from the previous session’s volume of 110,247 shares.The stock last traded at $49.17 and had previously closed at $49.07.

SPDR S&P Fossil Fuel Reserves Free ETF Price Performance

The business has a 50-day moving average price of $47.03 and a 200-day moving average price of $45.22. The firm has a market capitalization of $1.99 billion, a P/E ratio of 28.63 and a beta of 1.02.

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

Institutional investors have recently made changes to their positions in the business. CWM LLC raised its stake in SPDR S&P Fossil Fuel Reserves Free ETF by 10.6% during the second quarter. CWM LLC now owns 12,055 shares of the company’s stock worth $538,000 after acquiring an additional 1,157 shares in the last quarter. Dakota Wealth Management acquired a new stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF during the 2nd quarter worth about $206,000. Matrix Asset Advisors Inc. NY lifted its holdings in SPDR S&P Fossil Fuel Reserves Free ETF by 21.5% during the 3rd quarter. Matrix Asset Advisors Inc. NY now owns 11,784 shares of the company’s stock valued at $557,000 after purchasing an additional 2,087 shares during the last quarter. Citizens Financial Group Inc. RI acquired a new position in SPDR S&P Fossil Fuel Reserves Free ETF in the second quarter valued at about $1,400,000. Finally, Gemmer Asset Management LLC grew its stake in SPDR S&P Fossil Fuel Reserves Free ETF by 8.6% during the second quarter. Gemmer Asset Management LLC now owns 346,049 shares of the company’s stock worth $15,434,000 after buying an additional 27,527 shares during the last quarter.

About SPDR S&P Fossil Fuel Reserves Free ETF

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.