Marshall & Sterling Wealth Advisors Inc. Lowers Position in SPDR EURO STOXX 50 ETF $FEZ

Marshall & Sterling Wealth Advisors Inc. decreased its position in SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) by 20.8% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 36,084 shares of the exchange traded fund’s stock after selling 9,501 shares during the period. SPDR EURO STOXX 50 ETF accounts for 1.5% of Marshall & Sterling Wealth Advisors Inc.’s investment portfolio, making the stock its 19th biggest holding. Marshall & Sterling Wealth Advisors Inc. owned 0.05% of SPDR EURO STOXX 50 ETF worth $2,240,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Blair William & Co. IL increased its holdings in SPDR EURO STOXX 50 ETF by 9.7% during the fourth quarter. Blair William & Co. IL now owns 1,755 shares of the exchange traded fund’s stock worth $113,000 after buying an additional 155 shares during the last quarter. Retirement Planning Group LLC boosted its stake in SPDR EURO STOXX 50 ETF by 0.7% in the first quarter. Retirement Planning Group LLC now owns 26,060 shares of the exchange traded fund’s stock valued at $1,618,000 after acquiring an additional 190 shares during the last quarter. Tandem Capital Management Corp ADV boosted its stake in SPDR EURO STOXX 50 ETF by 6.0% in the fourth quarter. Tandem Capital Management Corp ADV now owns 3,875 shares of the exchange traded fund’s stock valued at $250,000 after acquiring an additional 220 shares during the last quarter. Prospera Financial Services Inc grew its position in shares of SPDR EURO STOXX 50 ETF by 1.6% during the 4th quarter. Prospera Financial Services Inc now owns 14,485 shares of the exchange traded fund’s stock valued at $933,000 after acquiring an additional 233 shares during the period. Finally, Cypress Wealth Services LLC grew its position in shares of SPDR EURO STOXX 50 ETF by 5.1% during the 4th quarter. Cypress Wealth Services LLC now owns 5,137 shares of the exchange traded fund’s stock valued at $331,000 after acquiring an additional 249 shares during the period.

SPDR EURO STOXX 50 ETF Trading Down 0.4%

NYSEARCA:FEZ opened at $67.72 on Friday. The stock has a market capitalization of $4.29 billion, a PE ratio of 16.43 and a beta of 0.95. The firm’s 50 day moving average is $67.84 and its 200 day moving average is $66.34. SPDR EURO STOXX 50 ETF has a 12 month low of $56.72 and a 12 month high of $70.52.

About SPDR EURO STOXX 50 ETF

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.