HighTower Advisors LLC Sells 2,142 Shares of SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ)

HighTower Advisors LLC trimmed its stake in SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) by 7.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 25,306 shares of the exchange traded fund’s stock after selling 2,142 shares during the period. HighTower Advisors LLC’s holdings in SPDR EURO STOXX 50 ETF were worth $1,219,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Rothschild Investment LLC boosted its stake in shares of SPDR EURO STOXX 50 ETF by 40.0% during the 4th quarter. Rothschild Investment LLC now owns 700 shares of the exchange traded fund’s stock worth $34,000 after purchasing an additional 200 shares during the period. Private Trust Co. NA lifted its stake in SPDR EURO STOXX 50 ETF by 65.2% in the fourth quarter. Private Trust Co. NA now owns 750 shares of the exchange traded fund’s stock worth $36,000 after purchasing an additional 296 shares during the last quarter. SBI Securities Co. Ltd. purchased a new position in shares of SPDR EURO STOXX 50 ETF during the fourth quarter valued at approximately $38,000. US Bancorp DE grew its stake in shares of SPDR EURO STOXX 50 ETF by 38.5% during the fourth quarter. US Bancorp DE now owns 831 shares of the exchange traded fund’s stock valued at $40,000 after buying an additional 231 shares during the last quarter. Finally, Ameliora Wealth Management Ltd. raised its holdings in shares of SPDR EURO STOXX 50 ETF by 268.8% in the fourth quarter. Ameliora Wealth Management Ltd. now owns 3,430 shares of the exchange traded fund’s stock worth $165,000 after buying an additional 2,500 shares during the period.

SPDR EURO STOXX 50 ETF Trading Up 1.0 %

NYSEARCA:FEZ opened at $56.41 on Wednesday. The company has a market cap of $4.48 billion, a price-to-earnings ratio of 18.37 and a beta of 1.09. SPDR EURO STOXX 50 ETF has a twelve month low of $47.11 and a twelve month high of $57.68. The stock has a fifty day simple moving average of $54.07 and a 200-day simple moving average of $51.46.

SPDR EURO STOXX 50 ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Monday, March 24th will be paid a $0.1458 dividend. The ex-dividend date is Monday, March 24th.

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.