SPDR EURO STOXX 50 ETF $FEZ Stock Position Lifted by Financial Enhancement Group LLC

Financial Enhancement Group LLC raised its stake in SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) by 7.4% during the 1st quarter, Holdings Channel reports. The institutional investor owned 151,373 shares of the exchange traded fund’s stock after purchasing an additional 10,434 shares during the quarter. SPDR EURO STOXX 50 ETF makes up 1.3% of Financial Enhancement Group LLC’s holdings, making the stock its 29th largest position. Financial Enhancement Group LLC’s holdings in SPDR EURO STOXX 50 ETF were worth $10,234,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in FEZ. JPMorgan Chase & Co. boosted its stake in shares of SPDR EURO STOXX 50 ETF by 10.5% during the 4th quarter. JPMorgan Chase & Co. now owns 8,766,780 shares of the exchange traded fund’s stock valued at $564,493,000 after buying an additional 833,784 shares during the period. 1607 Capital Partners LLC grew its holdings in shares of SPDR EURO STOXX 50 ETF by 215.4% during the 4th quarter. 1607 Capital Partners LLC now owns 2,688,253 shares of the exchange traded fund’s stock valued at $173,097,000 after acquiring an additional 1,835,855 shares in the last quarter. Wells Fargo & Company MN increased its stake in shares of SPDR EURO STOXX 50 ETF by 40.3% in the fourth quarter. Wells Fargo & Company MN now owns 1,432,911 shares of the exchange traded fund’s stock worth $92,265,000 after acquiring an additional 411,606 shares during the last quarter. Allspring Global Investments Holdings LLC acquired a new position in shares of SPDR EURO STOXX 50 ETF in the fourth quarter worth $87,566,000. Finally, Prudential PLC raised its holdings in shares of SPDR EURO STOXX 50 ETF by 86.7% during the fourth quarter. Prudential PLC now owns 1,224,300 shares of the exchange traded fund’s stock worth $78,833,000 after acquiring an additional 568,600 shares in the last quarter.

SPDR EURO STOXX 50 ETF Trading Down 0.6%

FEZ opened at $66.94 on Thursday. The stock has a market cap of $4.50 billion, a price-to-earnings ratio of 16.43 and a beta of 0.95. SPDR EURO STOXX 50 ETF has a 1 year low of $56.72 and a 1 year high of $70.52. The stock has a fifty day moving average price of $67.20 and a 200 day moving average price of $65.89.

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.