Precedent Wealth Partners LLC Decreases Stock Holdings in SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ)

Precedent Wealth Partners LLC lowered its stake in shares of SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) by 23.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 21,200 shares of the exchange traded fund’s stock after selling 6,374 shares during the quarter. Precedent Wealth Partners LLC’s holdings in SPDR EURO STOXX 50 ETF were worth $1,021,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of FEZ. Assetmark Inc. purchased a new stake in SPDR EURO STOXX 50 ETF during the 3rd quarter valued at approximately $42,000. Northwest Investment Counselors LLC acquired a new position in shares of SPDR EURO STOXX 50 ETF during the 3rd quarter worth $62,000. Whittier Trust Co. of Nevada Inc. purchased a new stake in shares of SPDR EURO STOXX 50 ETF in the third quarter valued at about $99,000. EP Wealth Advisors LLC acquired a new stake in SPDR EURO STOXX 50 ETF during the 2nd quarter valued at $100,000. Finally, Migdal Insurance & Financial Holdings Ltd. raised its stake in SPDR EURO STOXX 50 ETF by 8.6% in the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 3,531 shares of the exchange traded fund’s stock valued at $188,000 after purchasing an additional 281 shares during the last quarter.

SPDR EURO STOXX 50 ETF Price Performance

Shares of FEZ stock opened at $52.16 on Friday. SPDR EURO STOXX 50 ETF has a 1-year low of $47.11 and a 1-year high of $54.16. The firm has a market cap of $3.70 billion, a P/E ratio of 15.75 and a beta of 0.97. The firm’s 50-day simple moving average is $49.08 and its 200-day simple moving average is $50.28.

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.