SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) Reaches New 12-Month High – Here’s What Happened

SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as $67.27 and last traded at $67.2960, with a volume of 73978 shares. The stock had previously closed at $66.69.

SPDR EURO STOXX 50 ETF Stock Performance

The stock’s 50 day simple moving average is $64.37 and its 200 day simple moving average is $62.21. The firm has a market cap of $5.38 billion, a PE ratio of 16.43 and a beta of 1.06.

Hedge Funds Weigh In On SPDR EURO STOXX 50 ETF

Large investors have recently bought and sold shares of the stock. Y.D. More Investments Ltd increased its position in SPDR EURO STOXX 50 ETF by 200.0% during the 3rd quarter. Y.D. More Investments Ltd now owns 600 shares of the exchange traded fund’s stock valued at $37,000 after purchasing an additional 400 shares during the period. MGB Wealth Management LLC boosted its stake in shares of SPDR EURO STOXX 50 ETF by 49.4% during the 3rd quarter. MGB Wealth Management LLC now owns 608 shares of the exchange traded fund’s stock valued at $38,000 after purchasing an additional 201 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of SPDR EURO STOXX 50 ETF during the fourth quarter valued at about $51,000. Harbour Investments Inc. raised its stake in SPDR EURO STOXX 50 ETF by 84.9% in the second quarter. Harbour Investments Inc. now owns 871 shares of the exchange traded fund’s stock worth $52,000 after buying an additional 400 shares in the last quarter. Finally, Franklin Resources Inc. raised its stake 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 worth $52,000 after buying an additional 605 shares in the last quarter.

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.