Phoenix Financial Ltd. Cuts Stake in SPDR EURO STOXX 50 ETF $FEZ

Phoenix Financial Ltd. reduced its stake in shares of SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) by 16.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 59,061 shares of the exchange traded fund’s stock after selling 11,601 shares during the period. Phoenix Financial Ltd. owned 0.07% of SPDR EURO STOXX 50 ETF worth $3,803,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of FEZ. NewEdge Advisors LLC lifted its holdings in shares of SPDR EURO STOXX 50 ETF by 39.1% during the 1st quarter. NewEdge Advisors LLC now owns 5,906 shares of the exchange traded fund’s stock worth $321,000 after acquiring an additional 1,659 shares during the period. Empowered Funds LLC purchased a new position in shares of SPDR EURO STOXX 50 ETF during the 1st quarter worth about $3,006,000. Franklin Resources Inc. lifted its holdings in shares of SPDR EURO STOXX 50 ETF by 224.1% during the 2nd quarter. Franklin Resources Inc. now owns 875 shares of the exchange traded fund’s stock worth $52,000 after acquiring an additional 605 shares during the period. Hsbc Holdings PLC lifted its holdings in shares of SPDR EURO STOXX 50 ETF by 43.4% during the 2nd quarter. Hsbc Holdings PLC now owns 6,802 shares of the exchange traded fund’s stock worth $406,000 after acquiring an additional 2,060 shares during the period. Finally, Amundi lifted its holdings in shares of SPDR EURO STOXX 50 ETF by 54.2% during the 2nd quarter. Amundi now owns 120,470 shares of the exchange traded fund’s stock worth $7,232,000 after acquiring an additional 42,322 shares during the period.

SPDR EURO STOXX 50 ETF Price Performance

Shares of FEZ stock opened at $64.95 on Friday. SPDR EURO STOXX 50 ETF has a 1-year low of $56.72 and a 1-year high of $69.44. The firm’s 50-day simple moving average is $64.28 and its 200-day simple moving average is $64.83. The firm has a market cap of $4.36 billion, a P/E ratio of 16.43 and a beta of 0.95.

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.