Fis Group Inc. acquired a new stake in SPDR STOXX Europe 50 ETF (NYSEARCA:FEU) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 258,752 shares of the company’s stock, valued at approximately $9,912,000. SPDR STOXX Europe 50 ETF makes up approximately 5.9% of Fis Group Inc.’s holdings, making the stock its 4th biggest position.

Several other institutional investors have also added to or reduced their stakes in the business. Fisher Asset Management LLC bought a new position in shares of SPDR STOXX Europe 50 ETF during the fourth quarter valued at about $230,000. Tradewinds Capital Management LLC lifted its position in shares of SPDR STOXX Europe 50 ETF by 47.9% during the fourth quarter. Tradewinds Capital Management LLC now owns 478,008 shares of the company’s stock valued at $17,170,000 after purchasing an additional 154,788 shares in the last quarter. Finally, Cypress Wealth Services LLC bought a new position in shares of SPDR STOXX Europe 50 ETF during the fourth quarter valued at about $379,000.

SPDR STOXX Europe 50 ETF (NYSEARCA FEU) opened at $35.48 on Thursday. SPDR STOXX Europe 50 ETF has a 12-month low of $30.27 and a 12-month high of $38.51. The firm has a market cap of $310.18 and a PE ratio of 25.71.

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SPDR STOXX Europe 50 ETF Company Profile

SPDR STOXX Europe 50 ETF (the Fund), formerly SPDR DJ Stoxx 50 ETF, seeks to closely match the returns and characteristics of the STOXX Europe 50 Index (the Index). The Index is designed to represent the performance of some of the largest companies across all components of the 20 STOXX Europe 600 Supersector Indexes.

Want to see what other hedge funds are holding FEU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR STOXX Europe 50 ETF (NYSEARCA:FEU).

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