Northwestern Mutual Wealth Management Co. Boosts Holdings in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (NYSEARCA:EFAX)

Northwestern Mutual Wealth Management Co. lifted its stake in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (NYSEARCA:EFAX) by 215.6% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,291 shares of the company’s stock after purchasing an additional 882 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF were worth $53,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Tortoise Investment Management LLC lifted its holdings in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 77.5% in the 2nd quarter. Tortoise Investment Management LLC now owns 1,672 shares of the company’s stock valued at $68,000 after purchasing an additional 730 shares in the last quarter. Colton Groome Financial Advisors LLC acquired a new position in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF during the first quarter worth about $208,000. EverSource Wealth Advisors LLC acquired a new position in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF during the first quarter worth about $287,000. First National Corp MA ADV grew its stake in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 2.8% during the 2nd quarter. First National Corp MA ADV now owns 10,147 shares of the company’s stock valued at $414,000 after acquiring an additional 278 shares in the last quarter. Finally, Hobbs Group Advisors LLC acquired a new stake in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF in the 2nd quarter valued at about $418,000.

SPDR MSCI EAFE Fossil Fuel Reserves Free ETF Price Performance

Shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF stock opened at $43.08 on Friday. The stock’s 50 day simple moving average is $42.49 and its 200-day simple moving average is $41.64. The stock has a market cap of $292.95 million, a P/E ratio of 16.76 and a beta of 0.86. SPDR MSCI EAFE Fossil Fuel Reserves Free ETF has a 1-year low of $33.57 and a 1-year high of $44.27.

SPDR MSCI EAFE Fossil Fuel Reserves Free ETF Profile

The SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (EFAX) is an exchange-traded fund that is based on the MSCI EAFE ex Fossil Fuels index. The fund tracks a subset of the MSCI EAFE Index that excludes companies that own fossil fuel reserves. EFAX was launched on Oct 24, 2016 and is managed by State Street.