Eagle Strategies LLC raised its stake in SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ – Free Report) by 13.2% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 66,506 shares of the exchange traded fund’s stock after buying an additional 7,742 shares during the quarter. Eagle Strategies LLC’s holdings in SPDR EURO STOXX 50 ETF were worth $4,476,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Fortress Financial Solutions LLC acquired a new position in SPDR EURO STOXX 50 ETF in the 3rd quarter worth $827,000. Financial Enhancement Group LLC raised its stake in shares of SPDR EURO STOXX 50 ETF by 2.5% in the 3rd quarter. Financial Enhancement Group LLC now owns 132,978 shares of the exchange traded fund’s stock valued at $8,750,000 after purchasing an additional 3,240 shares during the period. Avidian Wealth Enterprises LLC acquired a new stake in shares of SPDR EURO STOXX 50 ETF in the 3rd quarter valued at about $1,131,000. Envestnet Asset Management Inc. lifted its holdings in shares of SPDR EURO STOXX 50 ETF by 10.2% in the second quarter. Envestnet Asset Management Inc. now owns 225,974 shares of the exchange traded fund’s stock valued at $15,520,000 after purchasing an additional 20,852 shares in the last quarter. Finally, Integrated Wealth Concepts LLC bought a new stake in shares of SPDR EURO STOXX 50 ETF in the second quarter valued at about $251,000.
SPDR EURO STOXX 50 ETF Stock Down 0.3%
Shares of NYSEARCA:FEZ traded down $0.20 during mid-day trading on Friday, reaching $65.85. 2,193,811 shares of the stock were exchanged, compared to its average volume of 1,692,695. The company has a market cap of $4.16 billion, a P/E ratio of 16.43 and a beta of 0.95. SPDR EURO STOXX 50 ETF has a one year low of $59.56 and a one year high of $72.36. The stock’s 50 day simple moving average is $69.18 and its 200-day simple moving average is $67.94.
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.
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