First International Bank & Trust Reduces Stock Holdings in SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ)

First International Bank & Trust reduced its stake in shares of SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) by 3.7% during the third quarter, Holdings Channel reports. The firm owned 25,793 shares of the exchange traded fund’s stock after selling 991 shares during the quarter. SPDR EURO STOXX 50 ETF makes up approximately 0.4% of First International Bank & Trust’s portfolio, making the stock its 23rd biggest position. First International Bank & Trust’s holdings in SPDR EURO STOXX 50 ETF were worth $1,373,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Bank of Nova Scotia lifted its stake in shares of SPDR EURO STOXX 50 ETF by 37.8% in the 4th quarter. Bank of Nova Scotia now owns 37,060 shares of the exchange traded fund’s stock valued at $1,772,000 after purchasing an additional 10,163 shares during the period. Personal CFO Solutions LLC bought a new stake in shares of SPDR EURO STOXX 50 ETF during the 4th quarter valued at $210,000. Barometer Capital Management Inc. bought a new stake in shares of SPDR EURO STOXX 50 ETF during the 4th quarter valued at $550,000. LM Advisors LLC bought a new position in shares of SPDR EURO STOXX 50 ETF in the 4th quarter worth about $228,000. Finally, Black Maple Capital Management LP purchased a new position in SPDR EURO STOXX 50 ETF during the 4th quarter valued at about $1,520,000.

SPDR EURO STOXX 50 ETF Price Performance

NYSEARCA:FEZ traded up $0.38 during mid-day trading on Friday, hitting $52.12. 766,244 shares of the company’s stock were exchanged, compared to its average volume of 1,248,436. SPDR EURO STOXX 50 ETF has a one year low of $40.23 and a one year high of $54.16. The business has a fifty day moving average price of $51.12 and a 200 day moving average price of $51.52. The company has a market cap of $3.69 billion, a PE ratio of 15.75 and a beta of 0.97.

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.