SB Capital Management Inc Invests $1.57 Million in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF $EFAX

SB Capital Management Inc acquired a new position in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (NYSEARCA:EFAX) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 31,053 shares of the company’s stock, valued at approximately $1,567,000. SB Capital Management Inc owned about 0.33% of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. lifted its holdings in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 148.1% during 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 during the last quarter. Kestra Advisory Services LLC purchased a new position in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF in the fourth quarter worth about $99,000. Raymond James Financial Inc. purchased a new position in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF in the second quarter worth about $161,000. Arcadia Investment Advisors LLC increased its stake 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 worth $196,000 after purchasing an additional 1,924 shares in the last quarter. Finally, Consolidated Portfolio Review Corp bought a new stake in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF in the third quarter valued at approximately $205,000.

SPDR MSCI EAFE Fossil Fuel Reserves Free ETF Trading Up 0.7%

Shares of EFAX stock opened at $54.44 on Friday. The stock has a market capitalization of $511.74 million, a P/E ratio of 17.37 and a beta of 0.80. The firm’s 50 day moving average is $53.19 and its 200 day moving average is $52.04. SPDR MSCI EAFE Fossil Fuel Reserves Free ETF has a 12 month low of $45.42 and a 12 month high of $54.93.

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.