Envestnet Asset Management Inc. Cuts Position in SPDR EURO STOXX 50 ETF $FEZ

Envestnet Asset Management Inc. reduced its position in shares of SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) by 91.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 133,897 shares of the exchange traded fund’s stock after selling 1,349,205 shares during the period. Envestnet Asset Management Inc.’s holdings in SPDR EURO STOXX 50 ETF were worth $8,318,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Kingswood Wealth Advisors LLC purchased a new stake in SPDR EURO STOXX 50 ETF in the 3rd quarter valued at $542,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new position in SPDR EURO STOXX 50 ETF in the 3rd quarter valued at approximately $1,394,000. Bank Julius Baer & Co. Ltd Zurich raised its holdings in SPDR EURO STOXX 50 ETF by 77.1% during the second quarter. Bank Julius Baer & Co. Ltd Zurich now owns 14,885 shares of the exchange traded fund’s stock worth $889,000 after purchasing an additional 6,480 shares during the last quarter. Matauro LLC boosted its position in shares of SPDR EURO STOXX 50 ETF by 22.4% in the 3rd quarter. Matauro LLC now owns 251,938 shares of the exchange traded fund’s stock worth $15,650,000 after buying an additional 46,138 shares in the last quarter. Finally, Golden State Wealth Management LLC purchased a new stake in shares of SPDR EURO STOXX 50 ETF in the second quarter valued at about $1,701,000.

SPDR EURO STOXX 50 ETF Stock Performance

Shares of NYSEARCA:FEZ opened at $67.78 on Friday. The stock has a market cap of $5.42 billion, a PE ratio of 16.43 and a beta of 1.06. SPDR EURO STOXX 50 ETF has a one year low of $47.63 and a one year high of $68.68. The business’s fifty day moving average price is $66.20 and its two-hundred day moving average price is $63.24.

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.