Traders Purchase High Volume of Put 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. Traders purchased 40,227 put options on the company. This represents an increase of 394% compared to the typical volume of 8,151 put options.

SPDR EURO STOXX 50 ETF Stock Performance

FEZ stock traded down $0.13 during trading on Wednesday, hitting $57.23. 419,108 shares of the company traded hands, compared to its average volume of 2,261,346. The firm has a market capitalization of $4.55 billion, a PE ratio of 18.37 and a beta of 1.09. SPDR EURO STOXX 50 ETF has a 1 year low of $47.11 and a 1 year high of $57.49. The company has a 50-day moving average of $53.31 and a 200-day moving average of $51.28.

Institutional Investors Weigh In On SPDR EURO STOXX 50 ETF

Several institutional investors and hedge funds have recently bought and sold shares of the business. Bank of America Corp DE raised its position in shares of SPDR EURO STOXX 50 ETF by 189.5% in 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 acquiring an additional 1,994,886 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of SPDR EURO STOXX 50 ETF by 6.4% in the 4th quarter. JPMorgan Chase & Co. now owns 11,893,746 shares of the exchange traded fund’s stock worth $572,684,000 after acquiring an additional 719,374 shares in the last quarter. Cullen Capital Management LLC bought a new position in shares of SPDR EURO STOXX 50 ETF in the 4th quarter worth approximately $16,165,000. LPL Financial LLC raised its position in shares of 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 raised its position in shares of SPDR EURO STOXX 50 ETF by 4,715.0% in 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 in the last quarter.

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.