SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) Hits New 1-Year High – Here’s What Happened

SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ)’s share price hit a new 52-week high on Wednesday . The company traded as high as $55.55 and last traded at $55.58, with a volume of 455296 shares changing hands. The stock had previously closed at $54.87.

SPDR EURO STOXX 50 ETF Price Performance

The business has a 50 day moving average of $51.09 and a 200 day moving average of $50.81. The firm has a market capitalization of $3.94 billion, a price-to-earnings ratio of 17.86 and a beta of 1.09.

Institutional Investors Weigh In On SPDR EURO STOXX 50 ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the company. FMR LLC increased its stake in SPDR EURO STOXX 50 ETF by 9.2% during the 3rd quarter. FMR LLC now owns 6,222 shares of the exchange traded fund’s stock worth $331,000 after purchasing an additional 523 shares in the last quarter. State Street Corp grew its holdings in SPDR EURO STOXX 50 ETF by 2.6% during the third quarter. State Street Corp now owns 60,840 shares of the exchange traded fund’s stock worth $3,239,000 after purchasing an additional 1,569 shares during the period. JPMorgan Chase & Co. increased its holdings in shares of SPDR EURO STOXX 50 ETF by 3.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 11,174,372 shares of the exchange traded fund’s stock worth $594,924,000 after acquiring an additional 382,510 shares during the last quarter. Stifel Financial Corp grew its stake in SPDR EURO STOXX 50 ETF by 6.7% in the 3rd quarter. Stifel Financial Corp now owns 45,062 shares of the exchange traded fund’s stock valued at $2,399,000 after buying an additional 2,830 shares during the last quarter. Finally, HighTower Advisors LLC grew its holdings in SPDR EURO STOXX 50 ETF by 13.9% in the 3rd quarter. HighTower Advisors LLC now owns 27,448 shares of the exchange traded fund’s stock valued at $1,460,000 after buying an additional 3,345 shares in the last quarter.

SPDR EURO STOXX 50 ETF Company 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.