Flputnam Investment Management Co. Grows Stock Holdings in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF $EFAX

Flputnam Investment Management Co. increased its stake in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (NYSEARCA:EFAX) by 5.6% during the fourth quarter, Holdings Channel reports. The institutional investor owned 318,662 shares of the company’s stock after acquiring an additional 16,904 shares during the period. Flputnam Investment Management Co.’s holdings in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF were worth $16,082,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of EFAX. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 148.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,662 shares of the company’s stock valued at $79,000 after purchasing an additional 992 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF in the second quarter valued at about $161,000. Arcadia Investment Advisors LLC lifted its holdings in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 98.4% in the fourth quarter. Arcadia Investment Advisors LLC now owns 3,879 shares of the company’s stock valued at $196,000 after purchasing an additional 1,924 shares in the last quarter. Wealthfront Advisers LLC purchased a new stake in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF in the third quarter valued at about $200,000. Finally, Consolidated Portfolio Review Corp purchased a new stake in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF in the third quarter valued at about $205,000.

SPDR MSCI EAFE Fossil Fuel Reserves Free ETF Stock Performance

Shares of EFAX opened at $54.40 on Wednesday. The company has a market capitalization of $511.36 million, a price-to-earnings ratio of 17.37 and a beta of 0.80. The company’s 50 day simple moving average is $51.88 and its 200 day simple moving average is $51.54. SPDR MSCI EAFE Fossil Fuel Reserves Free ETF has a 1 year low of $45.42 and a 1 year high of $54.87.

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.