An Unusual Day for SPYX ETF
The SPDR S&P 500 Fossil Fuel Reserves Free ETF, known by its acronym SPYX, experienced an extraordinary surge in trading volume during Tuesday’s afternoon session. The number of shares exchanged reached over 659,000, a stark contrast to the typical average volume of about 92,000 shares over the preceding three months. On this eventful day, SPYX shares faced a downturn of approximately 1.2%.
Notably, among the high-volume components of the ETF on Tuesday were Nvidia and Tesla. Nvidia observed a decline of about 3%, with an impressive 147.1 million shares being traded thus far. Simultaneously, Tesla saw a decrease of 2.7%, exchanging over 49.8 million shares. In contrast, Paychex emerged as the top-performing component, displaying a gain of around 4.8% for the day. However, Humana struggled to keep pace, lagging behind other components of the SPDR S&P 500 Fossil Fuel Reserves Free ETF with a decline of about 4.8%.