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

Lake Street Advisors Group LLC increased its stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) by 13.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 873,097 shares of the company’s stock after purchasing an additional 105,916 shares during the quarter. SPDR S&P Fossil Fuel Reserves Free ETF accounts for approximately 1.9% of Lake Street Advisors Group LLC’s holdings, making the stock its 13th biggest position. Lake Street Advisors Group LLC owned approximately 2.15% of SPDR S&P Fossil Fuel Reserves Free ETF worth $41,254,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of SPYX. Citizens Financial Group Inc. RI acquired a new stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF during the second quarter worth $1,400,000. Essex Financial Services Inc. acquired a new stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF during the second quarter worth $1,231,000. Gemmer Asset Management LLC lifted its holdings in SPDR S&P Fossil Fuel Reserves Free ETF by 8.6% in the second quarter. Gemmer Asset Management LLC now owns 346,049 shares of the company’s stock valued at $15,434,000 after acquiring an additional 27,527 shares during the period. Commonwealth Equity Services LLC lifted its holdings in SPDR S&P Fossil Fuel Reserves Free ETF by 18.3% in the second quarter. Commonwealth Equity Services LLC now owns 118,185 shares of the company’s stock valued at $5,271,000 after acquiring an additional 18,262 shares during the period. Finally, EP Wealth Advisors LLC lifted its holdings in SPDR S&P Fossil Fuel Reserves Free ETF by 164.8% in the second quarter. EP Wealth Advisors LLC now owns 16,145 shares of the company’s stock valued at $720,000 after acquiring an additional 10,048 shares during the period.

SPDR S&P Fossil Fuel Reserves Free ETF Stock Performance

SPDR S&P Fossil Fuel Reserves Free ETF stock traded up $0.41 during midday trading on Friday, reaching $47.96. The company’s stock had a trading volume of 12,822 shares, compared to its average volume of 108,877. SPDR S&P Fossil Fuel Reserves Free ETF has a fifty-two week low of $33.32 and a fifty-two week high of $48.14. The stock’s 50 day simple moving average is $46.51 and its 200 day simple moving average is $44.58. The firm has a market capitalization of $1.95 billion, a PE ratio of 28.63 and a beta of 1.02.

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.