Royal Bank of Canada Reduces Stock Holdings in SPDR EURO STOXX 50 ETF $FEZ

Royal Bank of Canada reduced its holdings in shares of SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) by 2.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 610,964 shares of the exchange traded fund’s stock after selling 15,631 shares during the period. Royal Bank of Canada owned approximately 0.91% of SPDR EURO STOXX 50 ETF worth $37,929,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. grew its stake in shares of SPDR EURO STOXX 50 ETF by 10.5% during the fourth quarter. JPMorgan Chase & Co. now owns 8,766,780 shares of the exchange traded fund’s stock worth $564,493,000 after acquiring an additional 833,784 shares during the last quarter. 1607 Capital Partners LLC raised its position in shares of SPDR EURO STOXX 50 ETF by 215.4% in the 4th quarter. 1607 Capital Partners LLC now owns 2,688,253 shares of the exchange traded fund’s stock valued at $173,097,000 after purchasing an additional 1,835,855 shares during the last quarter. Wells Fargo & Company MN boosted its stake in SPDR EURO STOXX 50 ETF by 40.3% in the 4th quarter. Wells Fargo & Company MN now owns 1,432,911 shares of the exchange traded fund’s stock worth $92,265,000 after purchasing an additional 411,606 shares in the last quarter. Prudential PLC grew its position in SPDR EURO STOXX 50 ETF by 86.7% during the 4th quarter. Prudential PLC now owns 1,224,300 shares of the exchange traded fund’s stock worth $78,833,000 after purchasing an additional 568,600 shares during the last quarter. Finally, LPL Financial LLC grew its position in SPDR EURO STOXX 50 ETF by 8.0% during the 4th quarter. LPL Financial LLC now owns 1,125,413 shares of the exchange traded fund’s stock worth $72,465,000 after purchasing an additional 83,616 shares during the last quarter.

SPDR EURO STOXX 50 ETF Trading Up 1.0%

Shares of SPDR EURO STOXX 50 ETF stock opened at $70.47 on Tuesday. The firm’s 50 day simple moving average is $68.29 and its two-hundred day simple moving average is $66.57. The firm has a market capitalization of $4.46 billion, a price-to-earnings ratio of 16.43 and a beta of 0.95. SPDR EURO STOXX 50 ETF has a 12-month low of $57.71 and a 12-month high of $70.59.

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.