SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) Sets New 12-Month High – Here’s Why

SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $72.36 and last traded at $72.48, with a volume of 1796 shares traded. The stock had previously closed at $72.10.

SPDR EURO STOXX 50 ETF Trading Up 0.5%

The stock has a market cap of $4.59 billion, a PE ratio of 16.43 and a beta of 0.95. The company’s 50 day moving average is $68.96 and its 200-day moving average is $66.90.

Hedge Funds Weigh In On SPDR EURO STOXX 50 ETF

Several institutional investors have recently made changes to their positions in FEZ. Darwin Wealth Management LLC bought a new position in SPDR EURO STOXX 50 ETF in the 1st quarter worth about $26,000. Assetmark Inc. grew its holdings in SPDR EURO STOXX 50 ETF by 222.7% in the 1st quarter. Assetmark Inc. now owns 426 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 294 shares in the last quarter. Ameriflex Group Inc. bought a new position in shares of SPDR EURO STOXX 50 ETF in the fourth quarter worth $26,000. Hyposwiss Advisors SA acquired a new position in SPDR EURO STOXX 50 ETF during the 4th quarter valued at about $38,000. Finally, Franklin Resources Inc. boosted its stake in SPDR EURO STOXX 50 ETF by 224.1% during the second 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 in the last quarter.

SPDR EURO STOXX 50 ETF Company 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.