SPDR EURO STOXX 50 ETF Target of Unusually Large Options Trading (NYSEARCA:FEZ)

SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) saw unusually large options trading activity on Wednesday. Traders acquired 40,227 put options on the stock. This represents an increase of 394% compared to the average daily volume of 8,151 put options.

SPDR EURO STOXX 50 ETF Trading Down 1.5 %

Shares of NYSEARCA FEZ opened at $56.56 on Friday. The firm’s 50-day moving average price is $53.63 and its 200-day moving average price is $51.36. SPDR EURO STOXX 50 ETF has a 1-year low of $47.11 and a 1-year high of $57.68. The firm has a market capitalization of $4.50 billion, a P/E ratio of 18.37 and a beta of 1.09.

Hedge Funds Weigh In On SPDR EURO STOXX 50 ETF

Institutional investors have recently added to or reduced their stakes in the stock. Bank of America Corp DE lifted its position in SPDR EURO STOXX 50 ETF by 189.5% in the 4th quarter. Bank of America Corp DE now owns 3,047,729 shares of the exchange traded fund’s stock worth $146,748,000 after buying an additional 1,994,886 shares during the last quarter. JPMorgan Chase & Co. lifted its position in SPDR EURO STOXX 50 ETF by 6.4% during the 4th quarter. JPMorgan Chase & Co. now owns 11,893,746 shares of the exchange traded fund’s stock valued at $572,684,000 after acquiring an additional 719,374 shares during the period. Cullen Capital Management LLC bought a new position in shares of SPDR EURO STOXX 50 ETF during the fourth quarter valued at $16,165,000. LPL Financial LLC raised its holdings in SPDR EURO STOXX 50 ETF by 61.6% in the 4th quarter. LPL Financial LLC now owns 791,063 shares of the exchange traded fund’s stock worth $38,090,000 after acquiring an additional 301,539 shares during the last quarter. Finally, Proficio Capital Partners LLC lifted its holdings in shares of SPDR EURO STOXX 50 ETF by 4,715.0% during the fourth quarter. Proficio Capital Partners LLC now owns 209,693 shares of the exchange traded fund’s stock valued at $10,097,000 after purchasing an additional 205,338 shares in the last quarter.

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.