SPDR EURO STOXX 50 ETF Target of Unusually Large Options Trading (NYSEARCA:FEZ)

SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) was the target of unusually large options trading on Tuesday. Investors bought 37,902 call options on the company. This is an increase of 797% compared to the typical daily volume of 4,224 call options.

SPDR EURO STOXX 50 ETF Trading Up 1.8%

Shares of NYSEARCA:FEZ traded up $1.06 during trading on Tuesday, reaching $60.89. 1,837,846 shares of the company traded hands, compared to its average volume of 2,516,717. The firm has a market capitalization of $4.87 billion, a price-to-earnings ratio of 16.43 and a beta of 1.06. SPDR EURO STOXX 50 ETF has a 52-week low of $47.63 and a 52-week high of $69.44. The business’s fifty day moving average is $65.50 and its 200-day moving average is $64.06.

Institutional Investors Weigh In On SPDR EURO STOXX 50 ETF

Several institutional investors have recently added to or reduced their stakes in FEZ. Blair William & Co. IL grew its position in SPDR EURO STOXX 50 ETF by 9.7% during the fourth quarter. Blair William & Co. IL now owns 1,755 shares of the exchange traded fund’s stock valued at $113,000 after buying an additional 155 shares during the period. Hollencrest Capital Management raised its position in SPDR EURO STOXX 50 ETF by 0.6% in the third quarter. Hollencrest Capital Management now owns 26,773 shares of the exchange traded fund’s stock worth $1,663,000 after acquiring an additional 165 shares during the period. MGB Wealth Management LLC raised its position in SPDR EURO STOXX 50 ETF by 49.4% in the third quarter. MGB Wealth Management LLC now owns 608 shares of the exchange traded fund’s stock worth $38,000 after acquiring an additional 201 shares during the period. Tandem Capital Management Corp ADV boosted its stake in shares of SPDR EURO STOXX 50 ETF by 6.0% during the 4th quarter. Tandem Capital Management Corp ADV now owns 3,875 shares of the exchange traded fund’s stock worth $250,000 after acquiring an additional 220 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in shares of SPDR EURO STOXX 50 ETF by 1.1% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 21,130 shares of the exchange traded fund’s stock worth $1,319,000 after acquiring an additional 222 shares during the last quarter.

About SPDR EURO STOXX 50 ETF

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.