NewEdge Wealth LLC Sells 9,723 Shares of SPDR EURO STOXX 50 ETF $FEZ

NewEdge Wealth LLC cut its position in SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) by 33.2% during the 1st quarter, HoldingsChannel reports. The firm owned 19,583 shares of the exchange traded fund’s stock after selling 9,723 shares during the quarter. NewEdge Wealth LLC’s holdings in SPDR EURO STOXX 50 ETF were worth $1,216,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FEZ. Hollencrest Capital Management increased its position in shares of SPDR EURO STOXX 50 ETF by 1.1% in the 1st quarter. Hollencrest Capital Management now owns 27,076 shares of the exchange traded fund’s stock valued at $1,681,000 after buying an additional 297 shares in the last quarter. Assetmark Inc. lifted its holdings in SPDR EURO STOXX 50 ETF by 222.7% during the first quarter. Assetmark Inc. now owns 426 shares of the exchange traded fund’s stock worth $26,000 after acquiring an additional 294 shares in the last quarter. Wealthfront Advisers LLC grew its stake in SPDR EURO STOXX 50 ETF by 2.1% in the first quarter. Wealthfront Advisers LLC now owns 16,557 shares of the exchange traded fund’s stock valued at $1,028,000 after acquiring an additional 346 shares during the period. Harel Insurance Investments & Financial Services Ltd. grew its stake in SPDR EURO STOXX 50 ETF by 5.5% in the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 121,558 shares of the exchange traded fund’s stock valued at $7,546,000 after acquiring an additional 6,388 shares during the period. Finally, LFA Lugano Financial Advisors SA increased its holdings in shares of SPDR EURO STOXX 50 ETF by 82.3% in the first quarter. LFA Lugano Financial Advisors SA now owns 71,949 shares of the exchange traded fund’s stock worth $4,467,000 after acquiring an additional 32,485 shares in the last quarter.

SPDR EURO STOXX 50 ETF Price Performance

NYSEARCA FEZ opened at $67.69 on Monday. The firm has a market cap of $4.28 billion, a P/E ratio of 16.43 and a beta of 0.95. The stock’s 50-day moving average is $68.01 and its 200-day moving average is $66.45. SPDR EURO STOXX 50 ETF has a one year low of $56.72 and a one year high of $70.52.

SPDR EURO STOXX 50 ETF 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.