Basso Capital Management L.P. Lowers Stock Position in SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ)

Basso Capital Management L.P. trimmed its stake in shares of SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) by 26.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,000 shares of the exchange traded fund’s stock after selling 2,500 shares during the period. Basso Capital Management L.P.’s holdings in SPDR EURO STOXX 50 ETF were worth $337,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Assetmark Inc. acquired a new position in shares of SPDR EURO STOXX 50 ETF during the 3rd quarter worth approximately $42,000. OneDigital Investment Advisors LLC grew its stake in shares of SPDR EURO STOXX 50 ETF by 46.4% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 7,328 shares of the exchange traded fund’s stock valued at $390,000 after buying an additional 2,323 shares during the period. Flagstar Advisors Inc. purchased a new stake in shares of SPDR EURO STOXX 50 ETF during the 3rd quarter valued at $201,000. Kingsview Wealth Management LLC grew its stake in shares of SPDR EURO STOXX 50 ETF by 9.7% during the 3rd quarter. Kingsview Wealth Management LLC now owns 4,504 shares of the exchange traded fund’s stock valued at $240,000 after buying an additional 400 shares during the period. Finally, FMR LLC grew its stake in shares of SPDR EURO STOXX 50 ETF by 9.2% during the 3rd quarter. FMR LLC now owns 6,222 shares of the exchange traded fund’s stock valued at $331,000 after buying an additional 523 shares during the period.

SPDR EURO STOXX 50 ETF Trading Up 2.4 %

Shares of SPDR EURO STOXX 50 ETF stock opened at $56.48 on Monday. The company has a fifty day moving average price of $52.99 and a 200 day moving average price of $51.21. SPDR EURO STOXX 50 ETF has a twelve month low of $47.11 and a twelve month high of $57.42. The stock has a market cap of $4.49 billion, a price-to-earnings ratio of 18.37 and a beta of 1.09.

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.