Allspring Global Investments Holdings LLC Buys New Stake in SPDR EURO STOXX 50 ETF $FEZ

Allspring Global Investments Holdings LLC purchased a new stake in SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) during the fourth quarter, according to its most recent filing with the SEC. The fund purchased 1,359,933 shares of the exchange traded fund’s stock, valued at approximately $87,566,000.

Other hedge funds have also bought and sold shares of the company. Brookstone Capital Management lifted its position in shares of SPDR EURO STOXX 50 ETF by 9.7% in the fourth quarter. Brookstone Capital Management now owns 15,857 shares of the exchange traded fund’s stock worth $1,021,000 after buying an additional 1,405 shares in the last quarter. Redhawk Wealth Advisors Inc. increased its position in SPDR EURO STOXX 50 ETF by 11.4% in the fourth quarter. Redhawk Wealth Advisors Inc. now owns 75,044 shares of the exchange traded fund’s stock worth $4,832,000 after purchasing an additional 7,659 shares during the last quarter. Spire Wealth Management raised its stake in SPDR EURO STOXX 50 ETF by 11.8% during the fourth quarter. Spire Wealth Management now owns 3,731 shares of the exchange traded fund’s stock valued at $240,000 after purchasing an additional 394 shares in the last quarter. Cypress Wealth Services LLC raised its stake in SPDR EURO STOXX 50 ETF by 5.1% during the fourth quarter. Cypress Wealth Services LLC now owns 5,137 shares of the exchange traded fund’s stock valued at $331,000 after purchasing an additional 249 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC bought a new position in SPDR EURO STOXX 50 ETF during the fourth quarter valued at $312,000.

SPDR EURO STOXX 50 ETF Stock Up 3.8%

Shares of NYSEARCA:FEZ opened at $62.08 on Wednesday. SPDR EURO STOXX 50 ETF has a 52 week low of $47.63 and a 52 week high of $69.44. The stock has a market capitalization of $4.96 billion, a P/E ratio of 16.43 and a beta of 1.06. The firm has a fifty day simple moving average of $65.43 and a two-hundred day simple moving average of $64.07.

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.