Allspring Global Investments Holdings LLC Lowers Stock Holdings in SPDR EURO STOXX 50 ETF $FEZ

Allspring Global Investments Holdings LLC reduced its stake in SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) by 21.3% during the first quarter, HoldingsChannel.com reports. The firm owned 1,070,569 shares of the exchange traded fund’s stock after selling 289,364 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in SPDR EURO STOXX 50 ETF were worth $66,461,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in FEZ. NewEdge Advisors LLC grew its holdings in shares of SPDR EURO STOXX 50 ETF by 39.1% during the first quarter. NewEdge Advisors LLC now owns 5,906 shares of the exchange traded fund’s stock valued at $321,000 after buying an additional 1,659 shares during the last quarter. Empowered Funds LLC purchased a new position in shares of SPDR EURO STOXX 50 ETF in the first quarter worth $3,006,000. Franklin Resources Inc. raised its stake in shares of 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 purchasing an additional 605 shares during the last quarter. Hsbc Holdings PLC lifted its holdings in shares of SPDR EURO STOXX 50 ETF by 43.4% during the second quarter. Hsbc Holdings PLC now owns 6,802 shares of the exchange traded fund’s stock valued at $406,000 after purchasing an additional 2,060 shares in the last quarter. Finally, Amundi lifted its holdings in shares of SPDR EURO STOXX 50 ETF by 54.2% during the second quarter. Amundi now owns 120,470 shares of the exchange traded fund’s stock valued at $7,232,000 after purchasing an additional 42,322 shares in the last quarter.

SPDR EURO STOXX 50 ETF Stock Down 0.4%

FEZ opened at $67.72 on Friday. The stock has a market capitalization of $4.29 billion, a price-to-earnings ratio of 16.43 and a beta of 0.95. The firm has a 50 day moving average price of $67.84 and a 200-day moving average price of $66.34. SPDR EURO STOXX 50 ETF has a twelve month low of $56.72 and a twelve month high of $70.52.

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.