SPDR EURO STOXX 50 ETF $FEZ Stock Position Cut by Allianz Asset Management GmbH

Allianz Asset Management GmbH trimmed its stake in shares of SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) by 40.9% during the third quarter, Holdings Channel reports. The institutional investor owned 231,600 shares of the exchange traded fund’s stock after selling 160,300 shares during the period. Allianz Asset Management GmbH’s holdings in SPDR EURO STOXX 50 ETF were worth $14,387,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. NewEdge Advisors LLC increased its stake 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 acquiring an additional 1,659 shares during the period. Empowered Funds LLC bought a new position in SPDR EURO STOXX 50 ETF during the 1st quarter valued at $3,006,000. Apollon Wealth Management LLC boosted its stake in SPDR EURO STOXX 50 ETF by 14.2% during the 2nd quarter. Apollon Wealth Management LLC now owns 12,050 shares of the exchange traded fund’s stock valued at $720,000 after purchasing an additional 1,500 shares in the last quarter. GFS Advisors LLC acquired a new position in shares of SPDR EURO STOXX 50 ETF during the 2nd quarter valued at $9,311,000. Finally, Johnson Investment Counsel Inc. bought a new stake in shares of SPDR EURO STOXX 50 ETF in the 2nd quarter worth $1,348,000.

SPDR EURO STOXX 50 ETF Stock Up 2.0%

Shares of SPDR EURO STOXX 50 ETF stock opened at $67.50 on Friday. The business has a fifty day simple moving average of $65.46 and a 200-day simple moving average of $62.71. SPDR EURO STOXX 50 ETF has a fifty-two week low of $47.63 and a fifty-two week high of $68.55. The firm has a market cap of $5.39 billion, a price-to-earnings 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.