SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) Sees Unusually-High Trading Volume – Here’s Why

SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) shares saw strong trading volume on Friday . 847,674 shares traded hands during mid-day trading, a decline of 12% from the previous session’s volume of 958,702 shares.The stock last traded at $47.93 and had previously closed at $47.66.

SPDR EURO STOXX 50 ETF Price Performance

The company has a market cap of $3.40 billion, a PE ratio of 15.75 and a beta of 0.97. The company’s 50 day simple moving average is $48.98 and its two-hundred day simple moving average is $50.36.

Institutional Investors Weigh In On SPDR EURO STOXX 50 ETF

A number of institutional investors have recently modified their holdings of the business. Rothschild Investment LLC bought a new position in SPDR EURO STOXX 50 ETF during the 2nd quarter worth $25,000. Assetmark Inc. bought a new position in shares of SPDR EURO STOXX 50 ETF during the third quarter worth about $42,000. Northwest Investment Counselors LLC acquired a new stake in shares of SPDR EURO STOXX 50 ETF in the 3rd quarter worth about $62,000. Strategic Financial Concepts LLC bought a new stake in SPDR EURO STOXX 50 ETF in the 2nd quarter valued at about $84,000. Finally, Whittier Trust Co. of Nevada Inc. acquired a new position in SPDR EURO STOXX 50 ETF during the 3rd quarter valued at about $99,000.

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.