Phoenix Financial Ltd. Trims Position in SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ)

Phoenix Financial Ltd. lowered its stake in shares of SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) by 72.2% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 43,080 shares of the exchange traded fund’s stock after selling 111,916 shares during the period. Phoenix Financial Ltd.’s holdings in SPDR EURO STOXX 50 ETF were worth $2,074,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in FEZ. DRW Securities LLC acquired a new position in SPDR EURO STOXX 50 ETF in the 4th quarter valued at $658,000. Raymond James Financial Inc. purchased a new stake in shares of SPDR EURO STOXX 50 ETF in the fourth quarter valued at approximately $3,641,000. Renaissance Technologies LLC purchased a new stake in shares of SPDR EURO STOXX 50 ETF in the fourth quarter valued at approximately $2,075,000. Cullen Capital Management LLC acquired a new position in SPDR EURO STOXX 50 ETF during the fourth quarter worth $16,165,000. Finally, Climber Capital SA purchased a new position in SPDR EURO STOXX 50 ETF in the fourth quarter worth $3,151,000.

SPDR EURO STOXX 50 ETF Trading Down 1.6 %

FEZ stock opened at $51.76 on Friday. The company’s 50-day moving average price is $54.39 and its 200 day moving average price is $51.56. SPDR EURO STOXX 50 ETF has a 52 week low of $47.11 and a 52 week high of $57.68. The company has a market cap of $4.27 billion, a P/E ratio of 17.85 and a beta of 1.01.

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.