Prudential PLC Sells 484,464 Shares of SPDR EURO STOXX 50 ETF $FEZ

Prudential PLC cut its holdings in SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) by 42.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 655,700 shares of the exchange traded fund’s stock after selling 484,464 shares during the period. Prudential PLC owned approximately 0.87% of SPDR EURO STOXX 50 ETF worth $40,732,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Kingswood Wealth Advisors LLC bought a new stake in SPDR EURO STOXX 50 ETF in the third quarter valued at approximately $542,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new position in shares of SPDR EURO STOXX 50 ETF in the third quarter worth $1,394,000. Bank Julius Baer & Co. Ltd Zurich raised its holdings in SPDR EURO STOXX 50 ETF by 77.1% during the 2nd quarter. Bank Julius Baer & Co. Ltd Zurich now owns 14,885 shares of the exchange traded fund’s stock valued at $889,000 after buying an additional 6,480 shares during the last quarter. Citigroup Inc. raised its holdings in SPDR EURO STOXX 50 ETF by 173.3% during the 3rd quarter. Citigroup Inc. now owns 285,296 shares of the exchange traded fund’s stock valued at $17,723,000 after buying an additional 180,896 shares during the last quarter. Finally, PKS Advisory Services LLC purchased a new stake in SPDR EURO STOXX 50 ETF during the 2nd quarter valued at $2,321,000.

SPDR EURO STOXX 50 ETF Stock Down 1.3%

Shares of SPDR EURO STOXX 50 ETF stock opened at $61.90 on Friday. The company’s fifty day simple moving average is $66.60 and its two-hundred day simple moving average is $63.89. SPDR EURO STOXX 50 ETF has a 12-month low of $47.63 and a 12-month high of $69.44. The firm has a market cap of $4.95 billion, a PE ratio of 16.43 and a beta of 1.06.

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. 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.