Norris Financial Group LLC Makes New $541,000 Investment in SPDR EURO STOXX 50 ETF $FEZ

Norris Financial Group LLC purchased a new position in SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) in the first quarter, Holdings Channel reports. The institutional investor purchased 8,714 shares of the exchange traded fund’s stock, valued at approximately $541,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Washington Growth Strategies LLC increased its holdings in shares of SPDR EURO STOXX 50 ETF by 34.2% during the fourth quarter. Washington Growth Strategies LLC now owns 56,056 shares of the exchange traded fund’s stock valued at $3,609,000 after acquiring an additional 14,284 shares in the last quarter. Merit Financial Group LLC acquired a new position in SPDR EURO STOXX 50 ETF during the fourth quarter valued at $735,000. Robinhood Asset Management LLC acquired a new position in shares of SPDR EURO STOXX 50 ETF in the 4th quarter valued at about $44,829,000. Eagle Strategies LLC lifted its holdings in shares of SPDR EURO STOXX 50 ETF by 30.5% in the 4th quarter. Eagle Strategies LLC now owns 51,765 shares of the exchange traded fund’s stock valued at $3,333,000 after buying an additional 12,085 shares during the period. Finally, FSA Wealth Partners Inc. boosted its stake in shares of SPDR EURO STOXX 50 ETF by 92.9% in the fourth quarter. FSA Wealth Partners Inc. now owns 20,638 shares of the exchange traded fund’s stock worth $1,329,000 after buying an additional 9,941 shares during the last quarter.

SPDR EURO STOXX 50 ETF Stock Up 2.9%

Shares of FEZ opened at $69.70 on Friday. The company has a market capitalization of $4.41 billion, a price-to-earnings ratio of 16.43 and a beta of 0.95. SPDR EURO STOXX 50 ETF has a 52 week low of $56.72 and a 52 week high of $70.52. The stock’s 50-day moving average price is $68.17 and its 200-day moving average price is $66.52.

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.