Sei Investments Co. Lowers Stake in SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX)

Sei Investments Co. lessened its stake in SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) by 9.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 141,249 shares of the company’s stock after selling 14,204 shares during the period. Sei Investments Co.’s holdings in SPDR S&P Fossil Fuel Reserves Free ETF were worth $6,300,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Rollins Financial Advisors LLC bought a new stake in SPDR S&P Fossil Fuel Reserves Free ETF during the 4th quarter valued at $313,000. Bell Investment Advisors Inc raised its holdings in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 2.7% in the fourth quarter. Bell Investment Advisors Inc now owns 20,510 shares of the company’s stock valued at $796,000 after acquiring an additional 537 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in SPDR S&P Fossil Fuel Reserves Free ETF by 3.8% in the fourth quarter. PNC Financial Services Group Inc. now owns 461,117 shares of the company’s stock worth $17,896,000 after acquiring an additional 16,694 shares during the period. Ballentine Partners LLC bought a new position in SPDR S&P Fossil Fuel Reserves Free ETF during the 1st quarter worth about $203,000. Finally, Hoxton Planning & Management LLC purchased a new position in SPDR S&P Fossil Fuel Reserves Free ETF during the 1st quarter valued at about $215,000.

SPDR S&P Fossil Fuel Reserves Free ETF Stock Performance

Shares of SPYX opened at $47.25 on Tuesday. The company has a 50 day moving average price of $45.34 and a 200-day moving average price of $43.99. SPDR S&P Fossil Fuel Reserves Free ETF has a fifty-two week low of $33.32 and a fifty-two week high of $47.26. The stock has a market capitalization of $1.92 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.