Betterment LLC Increases Stake in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF $EFAX

Betterment LLC increased its stake in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (NYSEARCA:EFAX) by 2.2% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,406,903 shares of the company’s stock after purchasing an additional 30,476 shares during the period. Betterment LLC owned 16.17% of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF worth $69,374,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of the stock. Royal Bank of Canada increased its stake in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 1.6% during the 1st quarter. Royal Bank of Canada now owns 60,897 shares of the company’s stock valued at $2,616,000 after purchasing an additional 942 shares in the last quarter. Good Life Advisors LLC lifted its stake in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 74.9% during the second quarter. Good Life Advisors LLC now owns 12,905 shares of the company’s stock worth $611,000 after buying an additional 5,525 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 2.6% during the second quarter. JPMorgan Chase & Co. now owns 17,640 shares of the company’s stock valued at $835,000 after buying an additional 447 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of 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 during the period. Finally, Beacon Pointe Advisors LLC increased its position in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 1.6% in the 2nd quarter. Beacon Pointe Advisors LLC now owns 39,065 shares of the company’s stock valued at $1,850,000 after acquiring an additional 631 shares during the period.

SPDR MSCI EAFE Fossil Fuel Reserves Free ETF Price Performance

Shares of EFAX stock opened at $50.32 on Friday. The business has a fifty day moving average of $52.76 and a 200 day moving average of $50.60. SPDR MSCI EAFE Fossil Fuel Reserves Free ETF has a 1 year low of $38.08 and a 1 year high of $54.87. The firm has a market capitalization of $473.01 million, a price-to-earnings ratio of 17.37 and a beta of 0.85.

SPDR MSCI EAFE Fossil Fuel Reserves Free ETF Company 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.