Forefront Wealth Management Inc. Purchases Shares of 41,605 SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ)

Forefront Wealth Management Inc. purchased a new stake in SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) during the fourth quarter, HoldingsChannel.com reports. The firm purchased 41,605 shares of the exchange traded fund’s stock, valued at approximately $2,003,000. SPDR EURO STOXX 50 ETF makes up approximately 1.8% of Forefront Wealth Management Inc.’s investment portfolio, making the stock its 24th biggest holding.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in FEZ. OneDigital Investment Advisors LLC boosted its position in SPDR EURO STOXX 50 ETF by 46.4% in the third quarter. OneDigital Investment Advisors LLC now owns 7,328 shares of the exchange traded fund’s stock valued at $390,000 after buying an additional 2,323 shares in the last quarter. Flagstar Advisors Inc. bought a new position in shares of SPDR EURO STOXX 50 ETF in the third quarter worth about $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 acquiring 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 acquiring an additional 523 shares during the last quarter. Finally, Rockefeller Capital Management L.P. raised its stake in shares of SPDR EURO STOXX 50 ETF by 4.9% in the third quarter. Rockefeller Capital Management L.P. now owns 212,133 shares of the exchange traded fund’s stock worth $11,294,000 after acquiring an additional 9,908 shares during the last quarter.

SPDR EURO STOXX 50 ETF Trading Down 1.0 %

Shares of NYSEARCA FEZ opened at $56.01 on Friday. SPDR EURO STOXX 50 ETF has a 1-year low of $47.11 and a 1-year high of $57.68. The company has a market cap of $4.45 billion, a PE ratio of 18.37 and a beta of 1.09. The company has a 50-day moving average of $53.78 and a two-hundred day moving average of $51.38.

SPDR EURO STOXX 50 ETF 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.