Envestnet Asset Management Inc. Decreases Stake in SPDR EURO STOXX 50 ETF $FEZ

Envestnet Asset Management Inc. lowered its position in shares of SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) by 91.0% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 133,897 shares of the exchange traded fund’s stock after selling 1,349,205 shares during the quarter. Envestnet Asset Management Inc. owned about 0.18% of SPDR EURO STOXX 50 ETF worth $8,318,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Prudential PLC lifted its stake in shares of SPDR EURO STOXX 50 ETF by 28.4% in the 2nd quarter. Prudential PLC now owns 1,140,164 shares of the exchange traded fund’s stock valued at $68,102,000 after purchasing an additional 252,000 shares during the period. Cetera Investment Advisers raised its holdings in shares of SPDR EURO STOXX 50 ETF by 505.2% during the 2nd quarter. Cetera Investment Advisers now owns 600,664 shares of the exchange traded fund’s stock worth $35,878,000 after acquiring an additional 501,414 shares during the period. Thrivent Financial for Lutherans purchased a new stake in shares of SPDR EURO STOXX 50 ETF in the 2nd quarter valued at approximately $32,447,000. Ameriprise Financial Inc. increased its stake in SPDR EURO STOXX 50 ETF by 23.6% during the second quarter. Ameriprise Financial Inc. now owns 488,438 shares of the exchange traded fund’s stock worth $29,174,000 after acquiring an additional 93,298 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in SPDR EURO STOXX 50 ETF by 20.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 445,412 shares of the exchange traded fund’s stock valued at $26,604,000 after buying an additional 75,979 shares during the period.

SPDR EURO STOXX 50 ETF Stock Performance

Shares of FEZ stock opened at $67.78 on Friday. SPDR EURO STOXX 50 ETF has a one year low of $47.63 and a one year high of $68.68. The firm’s 50 day moving average price is $66.20 and its 200-day moving average price is $63.24. The firm has a market cap of $5.42 billion, a P/E ratio of 16.43 and a beta of 1.06.

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. 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.