SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) Reaches New 12-Month High – Should You Buy?

SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ)’s stock price hit a new 52-week high on Tuesday . The company traded as high as $55.84 and last traded at $55.12, with a volume of 2979759 shares changing hands. The stock had previously closed at $54.06.

SPDR EURO STOXX 50 ETF Trading Up 2.0 %

The firm has a market cap of $3.95 billion, a P/E ratio of 17.86 and a beta of 1.09. The business’s 50-day moving average is $51.59 and its two-hundred day moving average is $50.95.

Institutional Trading of SPDR EURO STOXX 50 ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Rothschild Investment LLC increased its holdings in shares of SPDR EURO STOXX 50 ETF by 40.0% in the 4th quarter. Rothschild Investment LLC now owns 700 shares of the exchange traded fund’s stock worth $34,000 after acquiring an additional 200 shares during the period. Flagship Wealth Advisors LLC bought a new position in SPDR EURO STOXX 50 ETF in the 4th quarter worth about $34,000. Private Trust Co. NA increased its stake in shares of SPDR EURO STOXX 50 ETF by 65.2% in the fourth quarter. Private Trust Co. NA now owns 750 shares of the exchange traded fund’s stock valued at $36,000 after purchasing an additional 296 shares during the period. SBI Securities Co. Ltd. bought a new stake in shares of SPDR EURO STOXX 50 ETF during the fourth quarter valued at approximately $38,000. Finally, US Bancorp DE boosted its position in shares of SPDR EURO STOXX 50 ETF by 38.5% during the fourth quarter. US Bancorp DE now owns 831 shares of the exchange traded fund’s stock worth $40,000 after buying an additional 231 shares during the period.

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.