SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ – Get Free Report) was the target of a large growth in short interest in December. As of December 15th, there was short interest totaling 3,473,372 shares, a growth of 35.2% from the November 30th total of 2,569,149 shares. Based on an average daily volume of 1,216,214 shares, the short-interest ratio is currently 2.9 days. Currently, 4.6% of the company’s stock are sold short. Currently, 4.6% of the company’s stock are sold short. Based on an average daily volume of 1,216,214 shares, the short-interest ratio is currently 2.9 days.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the company. Mainstay Capital Management LLC ADV boosted its position in SPDR EURO STOXX 50 ETF by 244.3% during the 2nd quarter. Mainstay Capital Management LLC ADV now owns 4,158,074 shares of the exchange traded fund’s stock worth $248,362,000 after buying an additional 2,950,372 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of SPDR EURO STOXX 50 ETF by 1,171.5% during the second quarter. Envestnet Asset Management Inc. now owns 1,483,102 shares of the exchange traded fund’s stock valued at $88,586,000 after acquiring an additional 1,366,460 shares during the last quarter. Prudential PLC lifted its holdings in shares of SPDR EURO STOXX 50 ETF by 28.4% during the second quarter. Prudential PLC now owns 1,140,164 shares of the exchange traded fund’s stock worth $68,102,000 after purchasing an additional 252,000 shares during the period. 1607 Capital Partners LLC lifted its holdings in shares of SPDR EURO STOXX 50 ETF by 1,072.1% during the third quarter. 1607 Capital Partners LLC now owns 852,398 shares of the exchange traded fund’s stock worth $52,951,000 after purchasing an additional 779,675 shares during the period. Finally, Alliancebernstein L.P. grew its stake in shares of SPDR EURO STOXX 50 ETF by 14.7% in the third quarter. Alliancebernstein L.P. now owns 809,517 shares of the exchange traded fund’s stock worth $50,287,000 after purchasing an additional 103,798 shares during the last quarter.
SPDR EURO STOXX 50 ETF Stock Performance
NYSEARCA FEZ traded down $0.34 during trading hours on Thursday, reaching $64.39. 2,342,482 shares of the company’s stock were exchanged, compared to its average volume of 1,905,804. SPDR EURO STOXX 50 ETF has a one year low of $47.63 and a one year high of $65.06. The company’s 50-day moving average is $63.30 and its two-hundred day moving average is $61.38. The company has a market capitalization of $4.86 billion, a price-to-earnings ratio of 16.43 and a beta of 1.06.
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. The EURO STOXX Index is a broad liquid subset of the STOXX Europe 600 Index. The Index captures approximately 60% of the free-float market capitalization of the EURO STOXX Total Market Index, which in turn covers approximately 95% of the free float market capitalization of the represented countries.
Featured Articles
- Five stocks we like better than SPDR EURO STOXX 50 ETF
- The Best $1 You’ll Spend This Holiday Season
- Holiday surprise: $1 gets you everything
- Do not delete, read immediately
- America’s “most deplorable” Christmas sale
- Market Panic: Trump Just Dropped a Bomb on Your Stocks
Receive News & Ratings for SPDR EURO STOXX 50 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR EURO STOXX 50 ETF and related companies with MarketBeat.com's FREE daily email newsletter.
