Phoenix Financial Ltd. Cuts Position in SPDR EURO STOXX 50 ETF $FEZ

Phoenix Financial Ltd. decreased its holdings in SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) by 16.4% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 59,061 shares of the exchange traded fund’s stock after selling 11,601 shares during the period. Phoenix Financial Ltd.’s holdings in SPDR EURO STOXX 50 ETF were worth $3,803,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of FEZ. NewEdge Advisors LLC raised its holdings in SPDR EURO STOXX 50 ETF by 39.1% in the first quarter. NewEdge Advisors LLC now owns 5,906 shares of the exchange traded fund’s stock valued at $321,000 after buying an additional 1,659 shares during the period. Empowered Funds LLC purchased a new position in SPDR EURO STOXX 50 ETF in the first quarter valued at approximately $3,006,000. Franklin Resources Inc. raised its holdings in SPDR EURO STOXX 50 ETF by 224.1% in 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 during the period. Hsbc Holdings PLC raised its holdings in SPDR EURO STOXX 50 ETF by 43.4% in the second quarter. Hsbc Holdings PLC now owns 6,802 shares of the exchange traded fund’s stock valued at $406,000 after buying an additional 2,060 shares during the period. Finally, Amundi raised its holdings in SPDR EURO STOXX 50 ETF by 54.2% in the second quarter. Amundi now owns 120,470 shares of the exchange traded fund’s stock valued at $7,232,000 after buying an additional 42,322 shares during the period.

SPDR EURO STOXX 50 ETF Stock Performance

NYSEARCA FEZ opened at $64.95 on Friday. SPDR EURO STOXX 50 ETF has a one year low of $56.72 and a one year high of $69.44. The company’s 50 day moving average price is $64.28 and its 200 day moving average price is $64.83. The firm has a market capitalization of $4.36 billion, a price-to-earnings ratio of 16.43 and a beta of 0.95.

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.