Karnit Road Accident Victims Compensation Fund Invests $2.82 Million in SPDR EURO STOXX 50 ETF $FEZ

Karnit Road Accident Victims Compensation Fund bought a new position in shares of SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 43,801 shares of the exchange traded fund’s stock, valued at approximately $2,820,000. SPDR EURO STOXX 50 ETF comprises approximately 1.6% of Karnit Road Accident Victims Compensation Fund’s portfolio, making the stock its 3rd biggest position.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Y.D. More Investments Ltd boosted its holdings in SPDR EURO STOXX 50 ETF by 200.0% during the third quarter. Y.D. More Investments Ltd now owns 600 shares of the exchange traded fund’s stock worth $37,000 after buying an additional 400 shares during the last quarter. MGB Wealth Management LLC grew its position in shares of SPDR EURO STOXX 50 ETF by 49.4% during the 3rd quarter. MGB Wealth Management LLC now owns 608 shares of the exchange traded fund’s stock worth $38,000 after buying an additional 201 shares during the period. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of SPDR EURO STOXX 50 ETF during the 4th quarter worth about $51,000. Franklin Resources Inc. grew its position in shares of SPDR EURO STOXX 50 ETF by 224.1% during the 2nd quarter. Franklin Resources Inc. now owns 875 shares of the exchange traded fund’s stock worth $52,000 after buying an additional 605 shares during the period. Finally, CWM LLC grew its position in shares of SPDR EURO STOXX 50 ETF by 525.7% during the 4th quarter. CWM LLC now owns 951 shares of the exchange traded fund’s stock worth $61,000 after buying an additional 799 shares during the period.

SPDR EURO STOXX 50 ETF Trading Up 0.3%

SPDR EURO STOXX 50 ETF stock opened at $69.85 on Wednesday. The firm has a market capitalization of $4.69 billion, a P/E ratio of 16.43 and a beta of 0.95. SPDR EURO STOXX 50 ETF has a 1 year low of $56.72 and a 1 year high of $70.20. The business has a 50-day moving average of $66.75 and a 200-day moving average of $65.67.

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. 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.