Sequoia Financial Advisors LLC Reduces Holdings in SPDR EURO STOXX 50 ETF $FEZ

Sequoia Financial Advisors LLC reduced its position in SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) by 30.5% in the 3rd quarter, Holdings Channel reports. The firm owned 24,965 shares of the exchange traded fund’s stock after selling 10,964 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in SPDR EURO STOXX 50 ETF were worth $1,551,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Harbour Investments Inc. raised its position in shares of SPDR EURO STOXX 50 ETF by 84.9% in the second quarter. Harbour Investments Inc. now owns 871 shares of the exchange traded fund’s stock valued at $52,000 after buying an additional 400 shares during the last quarter. Franklin Resources Inc. boosted its position in SPDR EURO STOXX 50 ETF by 224.1% during the second quarter. Franklin Resources Inc. now owns 875 shares of the exchange traded fund’s stock worth $52,000 after acquiring an additional 605 shares during the last quarter. Allworth Financial LP grew its stake in SPDR EURO STOXX 50 ETF by 255.2% during the 2nd quarter. Allworth Financial LP now owns 1,094 shares of the exchange traded fund’s stock valued at $65,000 after acquiring an additional 786 shares in the last quarter. Private Trust Co. NA raised its holdings in SPDR EURO STOXX 50 ETF by 155.7% in the 2nd quarter. Private Trust Co. NA now owns 1,161 shares of the exchange traded fund’s stock valued at $69,000 after acquiring an additional 707 shares during the last quarter. Finally, Capital Advisors Ltd. LLC raised its holdings in SPDR EURO STOXX 50 ETF by 34.8% in the 2nd quarter. Capital Advisors Ltd. LLC now owns 1,691 shares of the exchange traded fund’s stock valued at $101,000 after acquiring an additional 437 shares during the last quarter.

SPDR EURO STOXX 50 ETF Price Performance

Shares of SPDR EURO STOXX 50 ETF stock opened at $66.36 on Friday. The stock’s 50 day simple moving average is $64.30 and its 200-day simple moving average is $62.14. The stock has a market cap of $5.30 billion, a P/E ratio of 16.43 and a beta of 1.06. SPDR EURO STOXX 50 ETF has a 1-year low of $47.63 and a 1-year high of $67.01.

SPDR EURO STOXX 50 ETF Profile

SPDR EURO STOXX 50 ETF (the Fund) seeks to replicate as closely as possible the price and yield of the EURO STOXX 50 Index (the Index). The Index is designed to represent the performance of some of the companies across components of the 20 EURO STOXX Supersector Indexes. The EURO STOXX Supersector Indexes are subsets of the EURO STOXX Index. The EURO STOXX Index is a broad liquid subset of the STOXX Europe 600 Index. The Index captures approximately 60% of the free-float market capitalization of the EURO STOXX Total Market Index, which in turn covers approximately 95% of the free float market capitalization of the represented countries.