Raymond James Financial Inc. Invests $1.41 Million in SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX)

Raymond James Financial Inc. purchased a new stake in SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 29,246 shares of the company’s stock, valued at approximately $1,408,000.

Several other institutional investors have also recently bought and sold shares of the stock. Hager Investment Management Services LLC bought a new stake in SPDR S&P Fossil Fuel Reserves Free ETF during the 4th quarter worth about $36,000. Steward Partners Investment Advisory LLC acquired a new stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF during the 4th quarter worth approximately $85,000. Urban Financial Advisory Corp acquired a new stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF during the 3rd quarter worth approximately $164,000. Apollon Wealth Management LLC raised its stake in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 12.5% during the fourth quarter. Apollon Wealth Management LLC now owns 5,080 shares of the company’s stock worth $245,000 after buying an additional 565 shares during the last quarter. Finally, US Bancorp DE lifted its holdings in SPDR S&P Fossil Fuel Reserves Free ETF by 12.3% in the fourth quarter. US Bancorp DE now owns 5,459 shares of the company’s stock valued at $263,000 after buying an additional 596 shares during the period.

SPDR S&P Fossil Fuel Reserves Free ETF Stock Performance

SPYX opened at $45.93 on Wednesday. The company has a fifty day moving average price of $48.20 and a two-hundred day moving average price of $48.20. The firm has a market capitalization of $2.01 billion, a PE ratio of 25.06 and a beta of 1.00. SPDR S&P Fossil Fuel Reserves Free ETF has a 52 week low of $40.31 and a 52 week high of $50.35.

SPDR S&P Fossil Fuel Reserves Free ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, March 26th. Stockholders of record on Monday, March 24th were given a $0.1235 dividend. The ex-dividend date of this dividend was Monday, March 24th.

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.