Stock Traders Buy High Volume of Call Options on SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ)

SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) was the recipient of unusually large options trading on Monday. Traders bought 30,070 call options on the stock. This is an increase of approximately 228% compared to the typical daily volume of 9,168 call options.

Hedge Funds Weigh In On SPDR EURO STOXX 50 ETF

Several large investors have recently added to or reduced their stakes in FEZ. Washington Growth Strategies LLC raised its stake in SPDR EURO STOXX 50 ETF by 34.2% during the 4th quarter. Washington Growth Strategies LLC now owns 56,056 shares of the exchange traded fund’s stock valued at $3,609,000 after purchasing an additional 14,284 shares during the period. Level Four Advisory Services LLC raised its stake in SPDR EURO STOXX 50 ETF by 33.2% during the 3rd quarter. Level Four Advisory Services LLC now owns 91,964 shares of the exchange traded fund’s stock valued at $5,713,000 after purchasing an additional 22,918 shares during the period. Citigroup Inc. raised its stake in SPDR EURO STOXX 50 ETF by 173.3% during the 3rd quarter. Citigroup Inc. now owns 285,296 shares of the exchange traded fund’s stock valued at $17,723,000 after purchasing an additional 180,896 shares during the period. DAVENPORT & Co LLC grew its holdings in SPDR EURO STOXX 50 ETF by 288.6% during the 4th quarter. DAVENPORT & Co LLC now owns 13,172 shares of the exchange traded fund’s stock valued at $848,000 after buying an additional 9,782 shares in the last quarter. Finally, Merit Financial Group LLC purchased a new position in SPDR EURO STOXX 50 ETF during the 4th quarter valued at approximately $735,000.

SPDR EURO STOXX 50 ETF Stock Performance

Shares of NYSEARCA FEZ traded up $0.73 during trading on Monday, hitting $69.71. The company had a trading volume of 422,378 shares, compared to its average volume of 2,214,357. The stock has a 50 day simple moving average of $66.46 and a 200 day simple moving average of $65.56. SPDR EURO STOXX 50 ETF has a 12 month low of $56.72 and a 12 month high of $70.16. The firm has a market capitalization of $4.68 billion, a P/E ratio of 16.43 and a beta of 0.95.

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.