SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) Reaches New 12-Month High – Should You Buy?

SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) shares hit a new 52-week high during trading on Tuesday . The company traded as high as $55.84 and last traded at $55.12, with a volume of 2979759 shares trading hands. The stock had previously closed at $54.06.

SPDR EURO STOXX 50 ETF Stock Up 2.0 %

The firm has a market capitalization of $3.95 billion, a P/E ratio of 17.86 and a beta of 1.09. The business’s 50 day moving average is $51.59 and its two-hundred day moving average is $50.95.

Institutional Trading of SPDR EURO STOXX 50 ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Rothschild Investment LLC raised its stake in shares of SPDR EURO STOXX 50 ETF by 40.0% in the 4th quarter. Rothschild Investment LLC now owns 700 shares of the exchange traded fund’s stock worth $34,000 after buying an additional 200 shares in the last quarter. US Bancorp DE grew its holdings in SPDR EURO STOXX 50 ETF by 38.5% during the fourth quarter. US Bancorp DE now owns 831 shares of the exchange traded fund’s stock worth $40,000 after acquiring an additional 231 shares during the period. Vivaldi Capital Management LP raised its position in SPDR EURO STOXX 50 ETF by 3.3% in the fourth quarter. Vivaldi Capital Management LP now owns 8,084 shares of the exchange traded fund’s stock worth $422,000 after acquiring an additional 257 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. lifted its holdings in SPDR EURO STOXX 50 ETF by 8.6% in the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 3,531 shares of the exchange traded fund’s stock valued at $188,000 after acquiring an additional 281 shares during the last quarter. Finally, Private Trust Co. NA lifted its holdings in SPDR EURO STOXX 50 ETF by 65.2% in the 4th quarter. Private Trust Co. NA now owns 750 shares of the exchange traded fund’s stock valued at $36,000 after acquiring an additional 296 shares during the last quarter.

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.