Family Asset Management LLC Sells 1,432 Shares of SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ)

Family Asset Management LLC cut its position in SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) by 6.0% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 22,495 shares of the exchange traded fund’s stock after selling 1,432 shares during the quarter. Family Asset Management LLC’s holdings in SPDR EURO STOXX 50 ETF were worth $1,198,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FEZ. Rothschild Investment LLC acquired a new position in SPDR EURO STOXX 50 ETF during the 2nd quarter worth approximately $25,000. Founders Capital Management bought a new stake in shares of SPDR EURO STOXX 50 ETF during the second quarter worth $33,000. Ameliora Wealth Management Ltd. acquired a new position in shares of SPDR EURO STOXX 50 ETF during the second quarter worth $47,000. Northwest Investment Counselors LLC bought a new position in shares of SPDR EURO STOXX 50 ETF in the 3rd quarter valued at $62,000. Finally, Headlands Technologies LLC acquired a new stake in shares of SPDR EURO STOXX 50 ETF during the 1st quarter valued at $67,000.

SPDR EURO STOXX 50 ETF Stock Performance

Shares of NYSEARCA:FEZ traded down $1.38 during midday trading on Wednesday, hitting $49.42. 48,182 shares of the stock were exchanged, compared to its average volume of 1,175,461. SPDR EURO STOXX 50 ETF has a 12 month low of $42.22 and a 12 month high of $54.16. The business’s 50-day moving average price is $51.62 and its 200 day moving average price is $51.45. The stock has a market capitalization of $3.50 billion, a price-to-earnings ratio of 15.75 and a beta of 0.97.

SPDR EURO STOXX 50 ETF Company 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.