Allianz SE Takes $13.23 Million Position in SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX)

Allianz SE bought a new stake in SPDR S&P Fossil Fuel Reserves Free ETF (NYSEARCA:SPYX) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 273,508 shares of the company’s stock, valued at approximately $13,232,000.

Other institutional investors also recently modified their holdings of the company. Focus Financial Network Inc. increased its holdings in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 2.3% in the fourth quarter. Focus Financial Network Inc. now owns 16,885 shares of the company’s stock worth $813,000 after acquiring an additional 379 shares in the last quarter. Trademark Financial Management LLC increased its stake in SPDR S&P Fossil Fuel Reserves Free ETF by 5.5% during the 4th quarter. Trademark Financial Management LLC now owns 7,677 shares of the company’s stock worth $370,000 after purchasing an additional 397 shares in the last quarter. Clear Harbor Asset Management LLC raised its holdings in SPDR S&P Fossil Fuel Reserves Free ETF by 1.6% during the 4th quarter. Clear Harbor Asset Management LLC now owns 27,645 shares of the company’s stock worth $1,331,000 after buying an additional 422 shares during the period. Stifel Financial Corp boosted its holdings in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 0.9% in the third quarter. Stifel Financial Corp now owns 54,702 shares of the company’s stock valued at $2,585,000 after buying an additional 499 shares during the period. Finally, AGF Management Ltd. boosted its holdings in shares of SPDR S&P Fossil Fuel Reserves Free ETF by 1.1% in the fourth quarter. AGF Management Ltd. now owns 46,825 shares of the company’s stock valued at $2,255,000 after buying an additional 500 shares during the period.

SPDR S&P Fossil Fuel Reserves Free ETF Stock Down 2.0 %

Shares of NYSEARCA:SPYX opened at $45.52 on Friday. The firm has a market cap of $1.99 billion, a price-to-earnings ratio of 25.12 and a beta of 1.00. SPDR S&P Fossil Fuel Reserves Free ETF has a 12 month low of $40.31 and a 12 month high of $50.35. The company’s fifty day simple moving average is $48.33 and its 200 day simple moving average is $48.16.

SPDR S&P Fossil Fuel Reserves Free ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, March 26th. Investors of record on Monday, March 24th were issued a dividend of $0.1235 per share. The ex-dividend date was Monday, March 24th.

SPDR S&P Fossil Fuel Reserves Free ETF Profile

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.