EverSource Wealth Advisors LLC Makes New $287,000 Investment in SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (NYSEARCA:EFAX)

EverSource Wealth Advisors LLC acquired a new position in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (NYSEARCA:EFAX) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 7,180 shares of the company’s stock, valued at approximately $287,000. EverSource Wealth Advisors LLC owned about 0.11% of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in EFAX. International Assets Investment Management LLC acquired a new stake in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF during the fourth quarter worth about $493,000. Oxford Financial Group LTD. LLC boosted its stake in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 1.8% during the fourth quarter. Oxford Financial Group LTD. LLC now owns 16,528 shares of the company’s stock worth $645,000 after buying an additional 285 shares during the period. Cerity Partners LLC boosted its stake in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 104.4% during the fourth quarter. Cerity Partners LLC now owns 91,183 shares of the company’s stock worth $3,557,000 after buying an additional 46,579 shares during the period. Flputnam Investment Management Co. boosted its stake in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF by 4.1% during the fourth quarter. Flputnam Investment Management Co. now owns 221,737 shares of the company’s stock worth $8,650,000 after buying an additional 8,811 shares during the period. Finally, Hobbs Group Advisors LLC acquired a new stake in shares of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF during the fourth quarter worth about $396,000.

SPDR MSCI EAFE Fossil Fuel Reserves Free ETF Stock Performance

NYSEARCA:EFAX traded down $0.69 during mid-day trading on Friday, reaching $40.18. The stock had a trading volume of 16,292 shares, compared to its average volume of 14,588. The firm has a market capitalization of $273.19 million, a price-to-earnings ratio of 16.76 and a beta of 0.86. SPDR MSCI EAFE Fossil Fuel Reserves Free ETF has a twelve month low of $33.57 and a twelve month high of $42.67. The business has a 50 day simple moving average of $41.38 and a 200 day simple moving average of $40.78.

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.