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

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

SPDR EURO STOXX 50 ETF Trading Down 1.9 %

NYSEARCA FEZ opened at $55.32 on Thursday. SPDR EURO STOXX 50 ETF has a 1 year low of $47.11 and a 1 year high of $57.68. The company has a market cap of $4.40 billion, a PE ratio of 18.37 and a beta of 1.09. The stock’s 50-day moving average price is $54.19 and its two-hundred day moving average price is $51.49.

SPDR EURO STOXX 50 ETF Cuts Dividend

The company 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 of this dividend was Monday, March 24th.

Institutional Investors Weigh In On SPDR EURO STOXX 50 ETF

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

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.