LFA Lugano Financial Advisors SA Boosts Stake in SPDR EURO STOXX 50 ETF $FEZ

LFA Lugano Financial Advisors SA raised its stake in shares of SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) by 3.5% during the second quarter, Holdings Channel.com reports. The institutional investor owned 53,598 shares of the exchange traded fund’s stock after buying an additional 1,789 shares during the period. SPDR EURO STOXX 50 ETF accounts for about 1.9% of LFA Lugano Financial Advisors SA’s portfolio, making the stock its 16th largest position. LFA Lugano Financial Advisors SA’s holdings in SPDR EURO STOXX 50 ETF were worth $3,201,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Mainstay Capital Management LLC ADV raised its holdings in shares of SPDR EURO STOXX 50 ETF by 244.3% in the second quarter. Mainstay Capital Management LLC ADV now owns 4,158,074 shares of the exchange traded fund’s stock worth $248,362,000 after acquiring an additional 2,950,372 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of SPDR EURO STOXX 50 ETF by 16.0% in the first quarter. JPMorgan Chase & Co. now owns 13,801,160 shares of the exchange traded fund’s stock valued at $750,923,000 after acquiring an additional 1,907,414 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of SPDR EURO STOXX 50 ETF by 1,171.5% during the second quarter. Envestnet Asset Management Inc. now owns 1,483,102 shares of the exchange traded fund’s stock valued at $88,586,000 after acquiring an additional 1,366,460 shares during the last quarter. Prudential PLC increased its position in SPDR EURO STOXX 50 ETF by 2,219.3% during the 1st quarter. Prudential PLC now owns 888,164 shares of the exchange traded fund’s stock worth $48,325,000 after purchasing an additional 849,870 shares in the last quarter. Finally, OLD Mission Capital LLC raised its stake in SPDR EURO STOXX 50 ETF by 1,958.4% in the 1st quarter. OLD Mission Capital LLC now owns 585,390 shares of the exchange traded fund’s stock valued at $31,851,000 after purchasing an additional 616,890 shares during the last quarter.

SPDR EURO STOXX 50 ETF Trading Up 0.4%

NYSEARCA:FEZ opened at $62.17 on Friday. The firm has a market cap of $4.69 billion, a price-to-earnings ratio of 16.43 and a beta of 1.06. The company’s 50-day moving average is $61.76 and its two-hundred day moving average is $60.06. SPDR EURO STOXX 50 ETF has a 12-month low of $47.37 and a 12-month high of $63.70.

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.