SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (NYSEARCA:EFAX) Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. lowered its position in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (NYSEARCA:EFAX) by 30.8% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 18,989 shares of the company’s stock after selling 8,451 shares during the period. PNC Financial Services Group Inc. owned about 0.25% of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF worth $816,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Bank of America Corp DE increased its position in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 441.6% in the 4th quarter. Bank of America Corp DE now owns 157,752 shares of the company’s stock valued at $6,280,000 after acquiring an additional 128,626 shares during the period. Betterment LLC increased its position in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 8.3% in the 4th quarter. Betterment LLC now owns 1,435,788 shares of the company’s stock valued at $57,159,000 after acquiring an additional 110,113 shares during the period. Jane Street Group LLC acquired a new position in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF in the 4th quarter valued at about $2,097,000. Gemmer Asset Management LLC increased its position in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 4.4% in the 1st quarter. Gemmer Asset Management LLC now owns 402,352 shares of the company’s stock valued at $17,285,000 after acquiring an additional 17,081 shares during the period. Finally, Bailard Inc. increased its position in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 10.4% in the 1st quarter. Bailard Inc. now owns 150,618 shares of the company’s stock valued at $6,471,000 after acquiring an additional 14,250 shares during the period.

SPDR MSCI EAFE Fossil Fuel Reserves Free ETF Trading Down 0.5%

NYSEARCA EFAX opened at $47.52 on Tuesday. The business’s 50 day moving average is $46.84 and its two-hundred day moving average is $44.81. SPDR MSCI EAFE Fossil Fuel Reserves Free ETF has a 12-month low of $38.08 and a 12-month high of $48.35. The stock has a market capitalization of $380.16 million, a price-to-earnings ratio of 17.37 and a beta of 0.87.

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.