Investors Buy Large Volume of SPDR EURO STOXX 50 ETF Put Options (NYSEARCA:FEZ)

SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) saw some unusual options trading on Tuesday. Stock traders acquired 16,066 put options on the stock. This represents an increase of 143% compared to the typical daily volume of 6,611 put options.

SPDR EURO STOXX 50 ETF Stock Up 1.0 %

NYSEARCA:FEZ opened at $54.87 on Wednesday. The firm has a market cap of $3.89 billion, a PE ratio of 15.75 and a beta of 0.97. The company’s 50-day moving average price is $51.09 and its two-hundred day moving average price is $50.81. SPDR EURO STOXX 50 ETF has a 12 month low of $47.11 and a 12 month high of $55.50.

Hedge Funds Weigh In On SPDR EURO STOXX 50 ETF

A number of institutional investors and hedge funds have recently bought and sold shares of FEZ. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of SPDR EURO STOXX 50 ETF by 12.3% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 26,500 shares of the exchange traded fund’s stock worth $1,426,000 after buying an additional 2,900 shares during the last quarter. Concord Wealth Partners acquired a new position in shares of SPDR EURO STOXX 50 ETF during the 3rd quarter worth about $1,949,000. Golden State Equity Partners grew its holdings in SPDR EURO STOXX 50 ETF by 48.6% during the third quarter. Golden State Equity Partners now owns 19,544 shares of the exchange traded fund’s stock valued at $1,041,000 after purchasing an additional 6,394 shares during the period. GFS Advisors LLC increased its position in shares of SPDR EURO STOXX 50 ETF by 4,235.1% in the 3rd quarter. GFS Advisors LLC now owns 145,658 shares of the exchange traded fund’s stock valued at $7,755,000 after buying an additional 142,298 shares in the last quarter. Finally, MinichMacGregor Wealth Management LLC increased its holdings in shares of SPDR EURO STOXX 50 ETF by 0.8% in the third quarter. MinichMacGregor Wealth Management LLC now owns 248,600 shares of the exchange traded fund’s stock worth $13,235,000 after acquiring an additional 1,960 shares in the last quarter.

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.