SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) Reaches New 12-Month High – Still a Buy?

SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $55.84 and last traded at $55.12, with a volume of 2979759 shares trading hands. The stock had previously closed at $54.06.

SPDR EURO STOXX 50 ETF Stock Performance

The company has a market capitalization of $4.08 billion, a PE ratio of 17.86 and a beta of 1.09. The business’s 50-day moving average is $51.89 and its 200-day moving average is $51.02.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of FEZ. Rothschild Investment LLC raised its holdings in SPDR EURO STOXX 50 ETF by 40.0% in the fourth quarter. Rothschild Investment LLC now owns 700 shares of the exchange traded fund’s stock worth $34,000 after buying an additional 200 shares during the last quarter. Flagship Wealth Advisors LLC purchased a new position in SPDR EURO STOXX 50 ETF in the fourth quarter worth about $34,000. Private Trust Co. NA raised its holdings in SPDR EURO STOXX 50 ETF by 65.2% in the fourth quarter. Private Trust Co. NA now owns 750 shares of the exchange traded fund’s stock worth $36,000 after buying an additional 296 shares during the last quarter. SBI Securities Co. Ltd. purchased a new position in SPDR EURO STOXX 50 ETF in the fourth quarter worth about $38,000. Finally, US Bancorp DE raised its holdings in SPDR EURO STOXX 50 ETF by 38.5% in the fourth quarter. US Bancorp DE now owns 831 shares of the exchange traded fund’s stock worth $40,000 after buying an additional 231 shares during 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.