JPMorgan Chase & Co. Sells 716,278 Shares of SPDR EURO STOXX 50 ETF $FEZ

JPMorgan Chase & Co. reduced its holdings in SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) by 8.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,932,996 shares of the exchange traded fund’s stock after selling 716,278 shares during the quarter. JPMorgan Chase & Co. owned approximately 10.51% of SPDR EURO STOXX 50 ETF worth $492,798,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. NewEdge Advisors LLC boosted its stake in SPDR EURO STOXX 50 ETF by 39.1% in the first quarter. NewEdge Advisors LLC now owns 5,906 shares of the exchange traded fund’s stock worth $321,000 after purchasing an additional 1,659 shares in the last quarter. Empowered Funds LLC acquired a new position in SPDR EURO STOXX 50 ETF during the 1st quarter worth about $3,006,000. Harbour Investments Inc. grew its holdings in SPDR EURO STOXX 50 ETF by 84.9% during the 2nd quarter. Harbour Investments Inc. now owns 871 shares of the exchange traded fund’s stock worth $52,000 after acquiring an additional 400 shares during the last quarter. Private Trust Co. NA grew its holdings in SPDR EURO STOXX 50 ETF by 155.7% during the 2nd quarter. Private Trust Co. NA now owns 1,161 shares of the exchange traded fund’s stock worth $69,000 after acquiring an additional 707 shares during the last quarter. Finally, Avidian Wealth Enterprises LLC increased its position in SPDR EURO STOXX 50 ETF by 2.3% in the 2nd quarter. Avidian Wealth Enterprises LLC now owns 11,140 shares of the exchange traded fund’s stock valued at $665,000 after acquiring an additional 251 shares in the last quarter.

SPDR EURO STOXX 50 ETF Trading Up 0.6%

Shares of NYSEARCA FEZ opened at $68.27 on Thursday. SPDR EURO STOXX 50 ETF has a 1-year low of $47.63 and a 1-year high of $68.68. The company has a 50-day moving average of $66.14 and a two-hundred day moving average of $63.21. The company has a market cap of $5.45 billion, a PE ratio of 16.43 and a beta of 1.06.

SPDR EURO STOXX 50 ETF 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.