Flow Traders U.S. LLC Sells 25,744 Shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF $EFAX

Flow Traders U.S. LLC cut its holdings in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (NYSEARCA:EFAX) by 60.4% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 16,898 shares of the company’s stock after selling 25,744 shares during the quarter. Flow Traders U.S. LLC owned approximately 0.21% of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF worth $800,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. increased its position in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 148.1% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,662 shares of the company’s stock valued at $79,000 after acquiring an additional 992 shares in the last quarter. Blue Zone Wealth Advisors LLC acquired a new position in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF during the second quarter worth approximately $216,000. Colton Groome Financial Advisors LLC grew its stake in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 9.5% during the second quarter. Colton Groome Financial Advisors LLC now owns 5,165 shares of the company’s stock valued at $245,000 after purchasing an additional 450 shares during the last quarter. SCS Capital Management LLC bought a new stake in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF during the first quarter valued at approximately $249,000. Finally, eCIO Inc. acquired a new stake in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF in the first quarter valued at approximately $313,000.

SPDR MSCI EAFE Fossil Fuel Reserves Free ETF Price Performance

EFAX stock opened at $49.21 on Wednesday. The company has a 50 day moving average price of $49.54 and a 200 day moving average price of $48.27. SPDR MSCI EAFE Fossil Fuel Reserves Free ETF has a fifty-two week low of $38.08 and a fifty-two week high of $50.81. The stock has a market capitalization of $428.13 million, a PE ratio of 17.37 and a beta of 0.85.

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.