Prudential PLC Lowers Stock Position in SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ)

Prudential PLC trimmed its position in SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) by 86.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 38,294 shares of the exchange traded fund’s stock after selling 243,540 shares during the quarter. Prudential PLC owned about 0.05% of SPDR EURO STOXX 50 ETF worth $1,844,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Climber Capital SA purchased a new stake in shares of SPDR EURO STOXX 50 ETF in the fourth quarter worth $3,151,000. JPMorgan Chase & Co. raised its holdings in SPDR EURO STOXX 50 ETF by 6.4% during the fourth quarter. JPMorgan Chase & Co. now owns 11,893,746 shares of the exchange traded fund’s stock valued at $572,684,000 after acquiring an additional 719,374 shares during the period. PKS Advisory Services LLC bought a new position in shares of SPDR EURO STOXX 50 ETF in the fourth quarter worth about $1,722,000. LPL Financial LLC lifted its holdings in SPDR EURO STOXX 50 ETF by 61.6% in the 4th quarter. LPL Financial LLC now owns 791,063 shares of the exchange traded fund’s stock worth $38,090,000 after purchasing an additional 301,539 shares in the last quarter. Finally, Simplex Trading LLC bought a new stake in shares of SPDR EURO STOXX 50 ETF during the fourth quarter valued at approximately $262,000.

SPDR EURO STOXX 50 ETF Stock Performance

Shares of NYSEARCA FEZ opened at $50.27 on Monday. The firm’s fifty day moving average is $54.58 and its two-hundred day moving average is $51.63. SPDR EURO STOXX 50 ETF has a 52-week low of $47.11 and a 52-week high of $57.68. The company has a market cap of $4.15 billion, a P/E ratio of 17.85 and a beta of 1.01.

SPDR EURO STOXX 50 ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, March 26th. Stockholders of record on Monday, March 24th were given a dividend of $0.1458 per share. The ex-dividend date of this dividend was Monday, March 24th.

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.