Precedent Wealth Partners LLC Buys 14,715 Shares of SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ)

Precedent Wealth Partners LLC lifted its stake in shares of SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) by 114.4% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 27,574 shares of the exchange traded fund’s stock after acquiring an additional 14,715 shares during the quarter. Precedent Wealth Partners LLC’s holdings in SPDR EURO STOXX 50 ETF were worth $1,468,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Fulton Bank N.A. bought a new stake in SPDR EURO STOXX 50 ETF during the 1st quarter valued at $446,000. &PARTNERS purchased a new position in shares of SPDR EURO STOXX 50 ETF during the first quarter valued at $704,000. International Assets Investment Management LLC raised its holdings in shares of SPDR EURO STOXX 50 ETF by 25.8% in the first quarter. International Assets Investment Management LLC now owns 13,032 shares of the exchange traded fund’s stock valued at $686,000 after acquiring an additional 2,672 shares in the last quarter. Northwest Investment Counselors LLC purchased a new stake in SPDR EURO STOXX 50 ETF in the first quarter worth about $60,000. Finally, Global Assets Advisory LLC grew its holdings in SPDR EURO STOXX 50 ETF by 5,208.9% during the 1st quarter. Global Assets Advisory LLC now owns 886,055 shares of the exchange traded fund’s stock worth $46,562,000 after acquiring an additional 869,365 shares in the last quarter.

SPDR EURO STOXX 50 ETF Stock Performance

NYSEARCA FEZ opened at $51.75 on Friday. SPDR EURO STOXX 50 ETF has a one year low of $40.23 and a one year high of $54.16. The company has a market capitalization of $3.67 billion, a price-to-earnings ratio of 15.75 and a beta of 0.97. The company’s 50-day simple moving average is $51.71 and its two-hundred day simple moving average is $51.48.

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.