Able Wealth Management LLC Reduces Stock Position in SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ)

Able Wealth Management LLC cut its holdings in SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) by 7.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,561 shares of the exchange traded fund’s stock after selling 372 shares during the quarter. Able Wealth Management LLC’s holdings in SPDR EURO STOXX 50 ETF were worth $220,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of FEZ. JPMorgan Chase & Co. lifted its holdings in SPDR EURO STOXX 50 ETF by 3.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 11,174,372 shares of the exchange traded fund’s stock worth $594,924,000 after buying an additional 382,510 shares during the period. Strategic Financial Concepts LLC purchased a new stake in SPDR EURO STOXX 50 ETF in the fourth quarter worth $7,535,000. GFS Advisors LLC lifted its stake in SPDR EURO STOXX 50 ETF by 4,235.1% in the third quarter. GFS Advisors LLC now owns 145,658 shares of the exchange traded fund’s stock worth $7,755,000 after acquiring an additional 142,298 shares during the period. Stratos Wealth Advisors LLC bought a new stake in SPDR EURO STOXX 50 ETF in the fourth quarter valued at $4,326,000. Finally, Sumitomo Life Insurance Co. increased its position in SPDR EURO STOXX 50 ETF by 19.5% during the 4th quarter. Sumitomo Life Insurance Co. now owns 382,200 shares of the exchange traded fund’s stock valued at $18,403,000 after purchasing an additional 62,400 shares during the period.

SPDR EURO STOXX 50 ETF Trading Down 1.6 %

Shares of NYSEARCA FEZ opened at $54.43 on Thursday. The firm has a fifty day simple moving average of $50.61 and a two-hundred day simple moving average of $50.59. SPDR EURO STOXX 50 ETF has a 12 month low of $47.11 and a 12 month high of $55.50. The firm has a market capitalization of $3.86 billion, a PE ratio of 15.75 and a beta of 0.97.

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.