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

SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) was the target of unusually large options trading on Monday. Stock investors purchased 30,070 call options on the stock. This represents an increase of 228% compared to the typical volume of 9,168 call options.

Institutional Investors Weigh In On SPDR EURO STOXX 50 ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Darwin Wealth Management LLC bought a new stake in SPDR EURO STOXX 50 ETF during the first quarter worth approximately $26,000. Assetmark Inc. raised its holdings in SPDR EURO STOXX 50 ETF by 222.7% during the first quarter. Assetmark Inc. now owns 426 shares of the exchange traded fund’s stock worth $26,000 after purchasing an additional 294 shares in the last quarter. Ameriflex Group Inc. bought a new stake in SPDR EURO STOXX 50 ETF during the fourth quarter worth approximately $26,000. Y.D. More Investments Ltd raised its holdings in SPDR EURO STOXX 50 ETF by 200.0% during the third quarter. Y.D. More Investments Ltd now owns 600 shares of the exchange traded fund’s stock worth $37,000 after purchasing an additional 400 shares in the last quarter. Finally, MGB Wealth Management LLC raised its holdings in SPDR EURO STOXX 50 ETF by 49.4% during the third quarter. MGB Wealth Management LLC now owns 608 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 201 shares in the last quarter.

SPDR EURO STOXX 50 ETF Trading Up 0.9%

Shares of NYSEARCA FEZ opened at $69.61 on Tuesday. The stock has a 50 day simple moving average of $66.60 and a 200-day simple moving average of $65.61. The company has a market cap of $4.68 billion, a PE ratio of 16.43 and a beta of 0.95. SPDR EURO STOXX 50 ETF has a 12-month low of $56.72 and a 12-month high of $70.16.

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.