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

SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) saw some unusual options trading activity on Tuesday. Stock investors purchased 25,070 call options on the company. This is an increase of 456% compared to the typical volume of 4,506 call options.

SPDR EURO STOXX 50 ETF Price Performance

SPDR EURO STOXX 50 ETF stock traded up $0.97 during midday trading on Tuesday, reaching $51.40. 504,168 shares of the company traded hands, compared to its average volume of 1,519,565. SPDR EURO STOXX 50 ETF has a 12 month low of $46.23 and a 12 month high of $54.16. The firm has a market capitalization of $3.64 billion, a price-to-earnings ratio of 15.75 and a beta of 0.97. The business has a 50 day moving average of $48.78 and a two-hundred day moving average of $50.25.

Institutional Investors Weigh In On SPDR EURO STOXX 50 ETF

A number of hedge funds have recently modified their holdings of FEZ. Bank of Montreal Can boosted its holdings in SPDR EURO STOXX 50 ETF by 1,811.7% in the 2nd quarter. Bank of Montreal Can now owns 914,183 shares of the exchange traded fund’s stock worth $46,879,000 after buying an additional 866,363 shares during the period. JPMorgan Chase & Co. lifted its position in shares of SPDR EURO STOXX 50 ETF by 3.5% in the third quarter. JPMorgan Chase & Co. now owns 11,174,372 shares of the exchange traded fund’s stock valued at $594,924,000 after acquiring an additional 382,510 shares in the last quarter. Marshall Wace LLP grew its position in shares of SPDR EURO STOXX 50 ETF by 680.5% during the second quarter. Marshall Wace LLP now owns 159,649 shares of the exchange traded fund’s stock worth $7,987,000 after purchasing an additional 187,149 shares in the last quarter. GFS Advisors LLC raised its stake in SPDR EURO STOXX 50 ETF by 4,235.1% during the 3rd quarter. GFS Advisors LLC now owns 145,658 shares of the exchange traded fund’s stock valued at $7,755,000 after purchasing an additional 142,298 shares during the period. Finally, Sumitomo Life Insurance Co. boosted its stake in SPDR EURO STOXX 50 ETF by 29.0% in the 3rd quarter. Sumitomo Life Insurance Co. now owns 319,800 shares of the exchange traded fund’s stock worth $17,026,000 after purchasing an additional 71,800 shares during the period.

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.