Cullen Capital Management LLC Invests $16.17 Million in SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ)

Cullen Capital Management LLC bought a new position in shares of SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 335,721 shares of the exchange traded fund’s stock, valued at approximately $16,165,000. Cullen Capital Management LLC owned 0.47% of SPDR EURO STOXX 50 ETF as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. FMR LLC lifted its stake in SPDR EURO STOXX 50 ETF by 9.2% during the third quarter. FMR LLC now owns 6,222 shares of the exchange traded fund’s stock valued at $331,000 after buying an additional 523 shares in the last quarter. Benjamin Edwards Inc. purchased a new stake in shares of SPDR EURO STOXX 50 ETF in the 3rd quarter valued at approximately $511,000. HighTower Advisors LLC boosted its stake in SPDR EURO STOXX 50 ETF by 13.9% in the 3rd quarter. HighTower Advisors LLC now owns 27,448 shares of the exchange traded fund’s stock worth $1,460,000 after purchasing an additional 3,345 shares during the period. Quantinno Capital Management LP grew its position in SPDR EURO STOXX 50 ETF by 5.0% during the 3rd quarter. Quantinno Capital Management LP now owns 33,776 shares of the exchange traded fund’s stock worth $1,798,000 after purchasing an additional 1,619 shares in the last quarter. Finally, Stifel Financial Corp raised its stake in SPDR EURO STOXX 50 ETF by 6.7% during the 3rd quarter. Stifel Financial Corp now owns 45,062 shares of the exchange traded fund’s stock valued at $2,399,000 after purchasing an additional 2,830 shares during the period.

SPDR EURO STOXX 50 ETF Stock Down 6.2 %

FEZ opened at $50.27 on Friday. SPDR EURO STOXX 50 ETF has a 12-month low of $47.11 and a 12-month high of $57.68. The firm has a market capitalization of $4.15 billion, a P/E ratio of 17.85 and a beta of 1.01. The stock has a fifty day moving average of $54.58 and a 200-day moving average of $51.63.

SPDR EURO STOXX 50 ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, March 26th. Shareholders of record on Monday, March 24th were given a dividend of $0.1458 per share. The ex-dividend date was Monday, March 24th.

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.