SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) Sees Large Volume Increase – What’s Next?

SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) shares saw strong trading volume on Friday . 847,674 shares traded hands during trading, a decline of 12% from the previous session’s volume of 958,702 shares.The stock last traded at $47.93 and had previously closed at $47.66.

SPDR EURO STOXX 50 ETF Trading Up 0.3 %

The firm has a market cap of $3.39 billion, a PE ratio of 15.75 and a beta of 0.97. The company has a 50 day moving average price of $49.03 and a 200 day moving average price of $50.39.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in FEZ. Rothschild Investment LLC acquired a new position in shares of SPDR EURO STOXX 50 ETF during the 2nd quarter worth approximately $25,000. Assetmark Inc. purchased a new position in SPDR EURO STOXX 50 ETF during the third quarter worth $42,000. Northwest Investment Counselors LLC acquired a new position in shares of SPDR EURO STOXX 50 ETF in the third quarter worth $62,000. Strategic Financial Concepts LLC purchased a new stake in shares of SPDR EURO STOXX 50 ETF in the second quarter valued at $84,000. Finally, Whittier Trust Co. of Nevada Inc. acquired a new stake in shares of SPDR EURO STOXX 50 ETF during the third quarter valued at $99,000.

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.