SPDR EURO STOXX 50 ETF $FEZ is Piedmont Capital Management LLC’s 6th Largest Position

Piedmont Capital Management LLC decreased its holdings in SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) by 34.2% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 251,454 shares of the exchange traded fund’s stock after selling 130,968 shares during the quarter. SPDR EURO STOXX 50 ETF accounts for about 8.7% of Piedmont Capital Management LLC’s holdings, making the stock its 6th largest holding. Piedmont Capital Management LLC’s holdings in SPDR EURO STOXX 50 ETF were worth $17,060,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Caldwell Investment Management Ltd. acquired a new stake in SPDR EURO STOXX 50 ETF in the second quarter valued at approximately $1,069,000. Revolve Wealth Partners LLC acquired a new position in shares of SPDR EURO STOXX 50 ETF during the 2nd quarter worth approximately $402,000. Western Wealth Management LLC lifted its position in shares of SPDR EURO STOXX 50 ETF by 2.8% during the 1st quarter. Western Wealth Management LLC now owns 11,568 shares of the exchange traded fund’s stock valued at $718,000 after buying an additional 313 shares in the last quarter. Rathbones Group PLC grew its stake in SPDR EURO STOXX 50 ETF by 9.6% in the 1st quarter. Rathbones Group PLC now owns 26,594 shares of the exchange traded fund’s stock valued at $1,651,000 after acquiring an additional 2,319 shares during the period. Finally, Norris Financial Group LLC purchased a new stake in SPDR EURO STOXX 50 ETF in the 1st quarter worth $541,000.

SPDR EURO STOXX 50 ETF Stock Performance

NYSEARCA:FEZ opened at $70.84 on Tuesday. The company has a fifty day moving average of $69.55 and a two-hundred day moving average of $67.21. The stock has a market capitalization of $4.48 billion, a PE ratio of 16.43 and a beta of 0.95. SPDR EURO STOXX 50 ETF has a fifty-two week low of $58.76 and a fifty-two week high of $72.36.

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.