SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) Sees Strong Trading Volume – Here’s Why

Shares of SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) saw strong trading volume on Friday . 3,325,076 shares were traded during trading, an increase of 92% from the previous session’s volume of 1,729,177 shares.The stock last traded at $52.51 and had previously closed at $53.01.

SPDR EURO STOXX 50 ETF Stock Performance

The company has a market cap of $3.72 billion, a P/E ratio of 15.75 and a beta of 0.97. The stock has a 50-day moving average of $49.86 and a two-hundred day moving average of $50.35.

Hedge Funds Weigh In On SPDR EURO STOXX 50 ETF

A number of institutional investors and hedge funds have recently modified their holdings of FEZ. Rothschild Investment LLC raised its holdings in SPDR EURO STOXX 50 ETF by 40.0% in the 4th quarter. Rothschild Investment LLC now owns 700 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 200 shares during the period. Private Trust Co. NA raised its holdings in SPDR EURO STOXX 50 ETF by 65.2% during the fourth quarter. Private Trust Co. NA now owns 750 shares of the exchange traded fund’s stock valued at $36,000 after acquiring an additional 296 shares during the period. SBI Securities Co. Ltd. bought a new stake in SPDR EURO STOXX 50 ETF during the fourth quarter valued at about $38,000. US Bancorp DE raised its holdings in SPDR EURO STOXX 50 ETF by 38.5% during the fourth quarter. US Bancorp DE now owns 831 shares of the exchange traded fund’s stock valued at $40,000 after acquiring an additional 231 shares during the period. Finally, Assetmark Inc. bought a new stake in SPDR EURO STOXX 50 ETF during the third quarter valued at about $42,000.

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.