GM Advisory Group LLC Increases Stock Position in SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ)

GM Advisory Group LLC grew its holdings in SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) by 2.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,349 shares of the exchange traded fund’s stock after purchasing an additional 446 shares during the quarter. GM Advisory Group LLC’s holdings in SPDR EURO STOXX 50 ETF were worth $1,068,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Rothschild Investment LLC purchased a new stake in SPDR EURO STOXX 50 ETF in the 2nd quarter valued at approximately $25,000. Founders Capital Management acquired a new position in shares of SPDR EURO STOXX 50 ETF in the second quarter worth $33,000. Ameliora Wealth Management Ltd. purchased a new stake in shares of SPDR EURO STOXX 50 ETF in the second quarter valued at $47,000. Northwest Investment Counselors LLC acquired a new stake in shares of SPDR EURO STOXX 50 ETF during the first quarter valued at $60,000. Finally, Headlands Technologies LLC acquired a new stake in shares of SPDR EURO STOXX 50 ETF during the first quarter valued at $67,000.

SPDR EURO STOXX 50 ETF Trading Up 2.4 %

Shares of FEZ stock opened at $52.72 on Friday. The company has a market capitalization of $3.74 billion, a price-to-earnings ratio of 15.75 and a beta of 0.97. The firm has a 50-day moving average price of $50.74 and a 200 day moving average price of $51.46. SPDR EURO STOXX 50 ETF has a twelve month low of $40.23 and a twelve month high of $53.93.

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.