Avantax Advisory Services Inc. Invests $225,000 in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (NYSEARCA:EFAX)

Avantax Advisory Services Inc. bought a new stake in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (NYSEARCA:EFAX) in the 4th quarter, Holdings Channel reports. The institutional investor bought 5,663 shares of the company’s stock, valued at approximately $225,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of EFAX. Tortoise Investment Management LLC boosted its holdings in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 89.4% during the 4th quarter. Tortoise Investment Management LLC now owns 3,167 shares of the company’s stock valued at $126,000 after purchasing an additional 1,495 shares during the last quarter. HighTower Advisors LLC boosted its stake in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 12.9% during the third quarter. HighTower Advisors LLC now owns 6,205 shares of the company’s stock valued at $272,000 after buying an additional 710 shares during the last quarter. Retirement Income Solutions Inc boosted its stake in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 4.9% during the fourth quarter. Retirement Income Solutions Inc now owns 9,043 shares of the company’s stock valued at $360,000 after buying an additional 424 shares during the last quarter. Urban Financial Advisory Corp grew its holdings in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 5.3% during the 3rd quarter. Urban Financial Advisory Corp now owns 8,425 shares of the company’s stock valued at $368,000 after buying an additional 421 shares in the last quarter. Finally, First National Corp MA ADV increased its stake in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 5.3% in the 4th quarter. First National Corp MA ADV now owns 13,155 shares of the company’s stock worth $524,000 after acquiring an additional 668 shares during the last quarter.

SPDR MSCI EAFE Fossil Fuel Reserves Free ETF Stock Performance

NYSEARCA EFAX opened at $43.60 on Thursday. The stock has a 50 day moving average price of $42.90 and a 200-day moving average price of $42.04. SPDR MSCI EAFE Fossil Fuel Reserves Free ETF has a one year low of $38.80 and a one year high of $44.64. The company has a market capitalization of $335.72 million, a P/E ratio of 17.55 and a beta of 0.89.

About SPDR MSCI EAFE Fossil Fuel Reserves Free ETF

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.