SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) Sets New 1-Year High – Still a Buy?

Shares of SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) hit a new 52-week high on Tuesday . The company traded as high as $57.47 and last traded at $57.43, with a volume of 1114587 shares traded. The stock had previously closed at $57.13.

SPDR EURO STOXX 50 ETF Stock Performance

The stock has a market capitalization of $4.50 billion, a P/E ratio of 18.37 and a beta of 1.09. The stock has a 50-day moving average price of $53.48 and a two-hundred day moving average price of $51.32.

Institutional Investors Weigh In On SPDR EURO STOXX 50 ETF

A number of large investors have recently made changes to their positions in FEZ. OneDigital Investment Advisors LLC boosted its position in shares of SPDR EURO STOXX 50 ETF by 46.4% during the third quarter. OneDigital Investment Advisors LLC now owns 7,328 shares of the exchange traded fund’s stock valued at $390,000 after purchasing an additional 2,323 shares in the last quarter. Flagstar Advisors Inc. purchased a new position in shares of SPDR EURO STOXX 50 ETF in the third quarter worth $201,000. Kingsview Wealth Management LLC raised its stake in shares of SPDR EURO STOXX 50 ETF by 9.7% in the third quarter. Kingsview Wealth Management LLC now owns 4,504 shares of the exchange traded fund’s stock worth $240,000 after purchasing an additional 400 shares during the last quarter. FMR LLC raised its stake in shares of SPDR EURO STOXX 50 ETF by 9.2% in the third quarter. FMR LLC now owns 6,222 shares of the exchange traded fund’s stock worth $331,000 after purchasing an additional 523 shares during the last quarter. Finally, Rockefeller Capital Management L.P. increased its position in SPDR EURO STOXX 50 ETF by 4.9% during the third quarter. Rockefeller Capital Management L.P. now owns 212,133 shares of the exchange traded fund’s stock valued at $11,294,000 after acquiring an additional 9,908 shares during the last quarter.

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.