Mercer Global Advisors Inc. ADV Cuts Stock Position in SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX)

Mercer Global Advisors Inc. ADV lessened its stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) by 56.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,769 shares of the company’s stock after selling 7,554 shares during the quarter. Mercer Global Advisors Inc. ADV’s holdings in SPDR S&P Fossil Fuel Reserves Free ETF were worth $257,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the stock. Palisade Asset Management LLC acquired a new position in SPDR S&P Fossil Fuel Reserves Free ETF during the first quarter worth $29,000. International Assets Investment Management LLC acquired a new position in SPDR S&P Fossil Fuel Reserves Free ETF during the second quarter worth $29,000. Larson Financial Group LLC acquired a new position in SPDR S&P Fossil Fuel Reserves Free ETF during the second quarter worth $30,000. Rothschild Investment LLC acquired a new position in SPDR S&P Fossil Fuel Reserves Free ETF during the second quarter worth $86,000. Finally, Hobbs Group Advisors LLC acquired a new position in SPDR S&P Fossil Fuel Reserves Free ETF during the second quarter worth $149,000.

SPDR S&P Fossil Fuel Reserves Free ETF Stock Performance

SPDR S&P Fossil Fuel Reserves Free ETF stock opened at $47.25 on Tuesday. The firm has a market capitalization of $1.92 billion, a price-to-earnings ratio of 28.63 and a beta of 1.02. 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’s fifty day moving average is $45.34 and its two-hundred day moving average is $43.99.

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.