SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) Sees Significant Decrease in Short Interest

SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) was the target of a large decline in short interest in February. As of February 13th, there was short interest totaling 1,377,204 shares, a decline of 14.3% from the January 29th total of 1,606,638 shares. Based on an average daily trading volume, of 1,634,026 shares, the short-interest ratio is presently 0.8 days. Approximately 1.7% of the shares of the stock are sold short. Approximately 1.7% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,634,026 shares, the short-interest ratio is presently 0.8 days.

SPDR EURO STOXX 50 ETF Price Performance

FEZ traded up $0.61 during midday trading on Wednesday, reaching $64.96. 1,469,990 shares of the company’s stock were exchanged, compared to its average volume of 2,074,423. SPDR EURO STOXX 50 ETF has a 1-year low of $47.63 and a 1-year high of $69.44. The stock has a market capitalization of $5.19 billion, a PE ratio of 16.43 and a beta of 1.06. The business’s 50-day moving average price is $66.78 and its 200 day moving average price is $63.78.

Institutional Investors Weigh In On SPDR EURO STOXX 50 ETF

A number of large investors have recently bought and sold shares of FEZ. JPMorgan Chase & Co. boosted its stake in shares of SPDR EURO STOXX 50 ETF by 10.5% during the fourth quarter. JPMorgan Chase & Co. now owns 8,766,780 shares of the exchange traded fund’s stock valued at $564,493,000 after acquiring an additional 833,784 shares during the last quarter. 1607 Capital Partners LLC lifted its holdings in SPDR EURO STOXX 50 ETF by 215.4% in the 4th quarter. 1607 Capital Partners LLC now owns 2,688,253 shares of the exchange traded fund’s stock valued at $173,097,000 after purchasing an additional 1,835,855 shares in the last quarter. Wells Fargo & Company MN boosted its stake in shares of SPDR EURO STOXX 50 ETF by 40.3% during the 4th quarter. Wells Fargo & Company MN now owns 1,432,911 shares of the exchange traded fund’s stock worth $92,265,000 after purchasing an additional 411,606 shares during the last quarter. Allspring Global Investments Holdings LLC purchased a new stake in shares of SPDR EURO STOXX 50 ETF during the fourth quarter worth about $87,566,000. Finally, Prudential PLC raised its position in shares of SPDR EURO STOXX 50 ETF by 86.7% in the fourth quarter. Prudential PLC now owns 1,224,300 shares of the exchange traded fund’s stock valued at $78,833,000 after buying an additional 568,600 shares during the last quarter.

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. 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.