Traders Purchase Large Volume of SPDR EURO STOXX 50 ETF Put Options (NYSEARCA:FEZ)

SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) was the target of some unusual options trading on Tuesday. Stock investors acquired 16,066 put options on the company. This represents an increase of 143% compared to the average daily volume of 6,611 put options.

SPDR EURO STOXX 50 ETF Price Performance

Shares of SPDR EURO STOXX 50 ETF stock traded up $0.38 on Tuesday, hitting $54.69. The company had a trading volume of 606,856 shares, compared to its average volume of 1,962,949. The company has a market cap of $3.87 billion, a PE ratio of 15.75 and a beta of 0.97. The business has a 50-day simple moving average of $50.99 and a 200-day simple moving average of $50.77. SPDR EURO STOXX 50 ETF has a 52 week low of $47.11 and a 52 week high of $55.50.

Hedge Funds Weigh In On SPDR EURO STOXX 50 ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Bank of America Corp DE raised its stake in shares of 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 worth $146,748,000 after purchasing an additional 1,994,886 shares in the last quarter. JPMorgan Chase & Co. increased its position in 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 worth $572,684,000 after buying an additional 719,374 shares during the last quarter. Cullen Capital Management LLC acquired a new position in shares of SPDR EURO STOXX 50 ETF during the 4th quarter valued at about $16,165,000. LPL Financial LLC lifted its holdings 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 purchasing an additional 301,539 shares during the last quarter. Finally, Proficio Capital Partners LLC grew its holdings in SPDR EURO STOXX 50 ETF by 4,715.0% during the fourth quarter. Proficio Capital Partners LLC now owns 209,693 shares of the exchange traded fund’s stock valued at $10,097,000 after purchasing an additional 205,338 shares during the last quarter.

SPDR EURO STOXX 50 ETF Company 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.