Traders Purchase Large Volume of SPDR EURO STOXX 50 ETF Call Options (NYSEARCA:FEZ)

SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) was the target of unusually large options trading on Wednesday. Stock investors acquired 12,788 call options on the stock. This represents an increase of 35% compared to the typical daily volume of 9,461 call options.

SPDR EURO STOXX 50 ETF Stock Performance

Shares of SPDR EURO STOXX 50 ETF stock opened at $55.28 on Friday. The business’s 50 day moving average price is $54.29 and its 200 day moving average price is $51.51. The company has a market cap of $4.39 billion, a price-to-earnings ratio of 18.37 and a beta of 1.09. SPDR EURO STOXX 50 ETF has a one year low of $47.11 and a one year high of $57.68.

SPDR EURO STOXX 50 ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, March 26th. Stockholders of record on Monday, March 24th were issued a dividend of $0.1458 per share. The ex-dividend date was Monday, March 24th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Bank of America Corp DE lifted its holdings in SPDR EURO STOXX 50 ETF by 189.5% in the fourth quarter. Bank of America Corp DE now owns 3,047,729 shares of the exchange traded fund’s stock valued at $146,748,000 after acquiring an additional 1,994,886 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of SPDR EURO STOXX 50 ETF by 6.4% in the 4th quarter. JPMorgan Chase & Co. now owns 11,893,746 shares of the exchange traded fund’s stock valued at $572,684,000 after purchasing an additional 719,374 shares during the last quarter. Cullen Capital Management LLC purchased a new position in shares of SPDR EURO STOXX 50 ETF during the 4th quarter worth $16,165,000. LPL Financial LLC increased its position in shares of SPDR EURO STOXX 50 ETF by 61.6% during the 4th quarter. LPL Financial LLC now owns 791,063 shares of the exchange traded fund’s stock worth $38,090,000 after purchasing an additional 301,539 shares during the last quarter. Finally, Proficio Capital Partners LLC raised its holdings in SPDR EURO STOXX 50 ETF by 4,715.0% in the 4th quarter. Proficio Capital Partners LLC now owns 209,693 shares of the exchange traded fund’s stock valued at $10,097,000 after buying an additional 205,338 shares during the period.

SPDR EURO STOXX 50 ETF Company 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.