MAI Capital Management Sells 924 Shares of SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ)

MAI Capital Management decreased its position in SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) by 4.4% in the third quarter, Holdings Channel.com reports. The firm owned 20,279 shares of the exchange traded fund’s stock after selling 924 shares during the quarter. MAI Capital Management’s holdings in SPDR EURO STOXX 50 ETF were worth $1,080,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the business. Rothschild Investment LLC purchased a new stake in shares of SPDR EURO STOXX 50 ETF in the second quarter worth $25,000. Founders Capital Management purchased a new stake in shares of SPDR EURO STOXX 50 ETF in the 2nd quarter worth $33,000. Assetmark Inc. bought a new position in shares of SPDR EURO STOXX 50 ETF in the third quarter worth about $42,000. Ameliora Wealth Management Ltd. purchased a new position in SPDR EURO STOXX 50 ETF during the second quarter valued at approximately $47,000. Finally, Northwest Investment Counselors LLC purchased a new stake in SPDR EURO STOXX 50 ETF in the 3rd quarter worth $62,000.

SPDR EURO STOXX 50 ETF Trading Down 0.2 %

Shares of FEZ opened at $47.72 on Friday. SPDR EURO STOXX 50 ETF has a 12-month low of $45.16 and a 12-month high of $54.16. The business’s 50 day moving average is $50.94 and its 200 day moving average is $51.24. The company has a market capitalization of $3.38 billion, a PE ratio of 15.75 and a beta of 0.97.

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.