LPL Financial LLC Acquires 301,539 Shares of SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ)

LPL Financial LLC increased its holdings in shares of SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) by 61.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 791,063 shares of the exchange traded fund’s stock after purchasing an additional 301,539 shares during the period. LPL Financial LLC’s holdings in SPDR EURO STOXX 50 ETF were worth $38,090,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Simplex Trading LLC bought a new position in SPDR EURO STOXX 50 ETF in the fourth quarter valued at approximately $262,000. Forefront Wealth Management Inc. bought a new stake in SPDR EURO STOXX 50 ETF in the 4th quarter valued at $2,003,000. Flagship Wealth Advisors LLC acquired a new position in SPDR EURO STOXX 50 ETF in the 4th quarter worth $34,000. Signaturefd LLC increased its holdings in SPDR EURO STOXX 50 ETF by 10,271.4% during the 4th quarter. Signaturefd LLC now owns 1,452 shares of the exchange traded fund’s stock worth $70,000 after purchasing an additional 1,438 shares in the last quarter. Finally, Commonwealth Equity Services LLC raised its stake in shares of SPDR EURO STOXX 50 ETF by 85.2% in the 4th quarter. Commonwealth Equity Services LLC now owns 52,780 shares of the exchange traded fund’s stock valued at $2,541,000 after purchasing an additional 24,287 shares during the period.

SPDR EURO STOXX 50 ETF Price Performance

FEZ stock opened at $55.01 on Friday. The stock has a market capitalization of $4.37 billion, a P/E ratio of 18.37 and a beta of 1.09. SPDR EURO STOXX 50 ETF has a fifty-two week low of $47.11 and a fifty-two week high of $57.68. The business has a 50-day moving average of $54.38 and a 200-day moving average of $51.54.

SPDR EURO STOXX 50 ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, March 26th. Shareholders of record on Monday, March 24th were given a dividend of $0.1458 per share. The ex-dividend date of this dividend was Monday, March 24th.

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.