Marshall & Sterling Wealth Advisors Inc. Lowers Stake in SPDR EURO STOXX 50 ETF $FEZ

Marshall & Sterling Wealth Advisors Inc. lowered its position in shares of SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) by 20.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 36,084 shares of the exchange traded fund’s stock after selling 9,501 shares during the period. SPDR EURO STOXX 50 ETF comprises about 1.5% of Marshall & Sterling Wealth Advisors Inc.’s holdings, making the stock its 19th largest holding. Marshall & Sterling Wealth Advisors Inc.’s holdings in SPDR EURO STOXX 50 ETF were worth $2,240,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of FEZ. Darwin Wealth Management LLC bought a new stake in SPDR EURO STOXX 50 ETF in the 1st quarter worth approximately $26,000. Assetmark Inc. grew its position in SPDR EURO STOXX 50 ETF by 222.7% during the first quarter. Assetmark Inc. now owns 426 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 294 shares during the last quarter. Ameriflex Group Inc. bought a new position in SPDR EURO STOXX 50 ETF during the fourth quarter valued at approximately $26,000. Hyposwiss Advisors SA purchased a new position in shares of SPDR EURO STOXX 50 ETF during the fourth quarter worth approximately $38,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of SPDR EURO STOXX 50 ETF during the fourth quarter worth approximately $51,000.

SPDR EURO STOXX 50 ETF Stock Performance

Shares of FEZ opened at $67.72 on Friday. SPDR EURO STOXX 50 ETF has a fifty-two week low of $56.72 and a fifty-two week high of $70.52. The firm has a market cap of $4.29 billion, a price-to-earnings ratio of 16.43 and a beta of 0.95. The firm has a 50 day moving average price of $67.84 and a 200-day moving average price of $66.34.

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.