Cascades Capital Asset Management LLC Acquires New Position in SPDR EURO STOXX 50 ETF $FEZ

Cascades Capital Asset Management LLC acquired a new stake in shares of SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 10,000 shares of the exchange traded fund’s stock, valued at approximately $644,000.

A number of other institutional investors have also modified their holdings of FEZ. Y.D. More Investments Ltd grew its position in shares of SPDR EURO STOXX 50 ETF by 200.0% during the 3rd quarter. Y.D. More Investments Ltd now owns 600 shares of the exchange traded fund’s stock valued at $37,000 after buying an additional 400 shares during the last quarter. MGB Wealth Management LLC grew its position in shares of SPDR EURO STOXX 50 ETF by 49.4% during the 3rd quarter. MGB Wealth Management LLC now owns 608 shares of the exchange traded fund’s stock valued at $38,000 after buying an additional 201 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of SPDR EURO STOXX 50 ETF during the 4th quarter valued at about $51,000. Franklin Resources Inc. grew its position in shares of SPDR EURO STOXX 50 ETF by 224.1% during the 2nd quarter. Franklin Resources Inc. now owns 875 shares of the exchange traded fund’s stock valued at $52,000 after buying an additional 605 shares during the last quarter. Finally, CWM LLC grew its position in shares of SPDR EURO STOXX 50 ETF by 525.7% during the 4th quarter. CWM LLC now owns 951 shares of the exchange traded fund’s stock valued at $61,000 after buying an additional 799 shares during the last quarter.

SPDR EURO STOXX 50 ETF Stock Down 1.1%

Shares of NYSEARCA:FEZ opened at $65.96 on Wednesday. SPDR EURO STOXX 50 ETF has a fifty-two week low of $56.72 and a fifty-two week high of $69.44. The firm has a 50-day simple moving average of $64.25 and a 200 day simple moving average of $64.78. The company has a market cap of $4.43 billion, a PE ratio of 16.43 and a beta of 0.95.

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.