SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) Sees Strong Trading Volume – Still a Buy?

Posted by Lisa Durand on Dec 13th, 2024

SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ – Get Free Report) shares saw unusually-strong trading volume on Friday . Approximately 1,918,127 shares traded hands during trading, an increase of 54% from the previous session’s volume of 1,244,421 shares.The stock last traded at $49.79 and had previously closed at $49.58.

SPDR EURO STOXX 50 ETF Stock Performance

The firm has a market cap of $3.54 billion, a price-to-earnings ratio of 15.75 and a beta of 0.97. The stock’s 50 day simple moving average is $49.93 and its 200-day simple moving average is $50.81.

Institutional Trading of SPDR EURO STOXX 50 ETF

Several institutional investors have recently bought and sold shares of FEZ. Bank of Montreal Can grew its position in shares of SPDR EURO STOXX 50 ETF by 1,811.7% in the second quarter. Bank of Montreal Can now owns 914,183 shares of the exchange traded fund’s stock valued at $46,879,000 after purchasing an additional 866,363 shares in the last quarter. Marshall Wace LLP lifted its holdings in shares of SPDR EURO STOXX 50 ETF by 680.5% in the 2nd quarter. Marshall Wace LLP now owns 159,649 shares of the exchange traded fund’s stock valued at $7,987,000 after purchasing an additional 187,149 shares during the last quarter. Strategic Financial Concepts LLC acquired a new stake in SPDR EURO STOXX 50 ETF during the 2nd quarter worth $84,000. GFS Advisors LLC increased its position in SPDR EURO STOXX 50 ETF by 4,235.1% in the 3rd quarter. GFS Advisors LLC now owns 145,658 shares of the exchange traded fund’s stock valued at $7,755,000 after acquiring an additional 142,298 shares during the period. Finally, Bricktown Capital LLC purchased a new stake in shares of SPDR EURO STOXX 50 ETF in the second quarter valued at about $6,488,000.

SPDR EURO STOXX 50 ETF Company Profile

(Get Free Report)

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.