SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ) saw a large decline in short interest during the month of March. As of March 29th, there was short interest totalling 2,357,235 shares, a decline of 59.1% from the March 15th total of 5,760,390 shares. Based on an average daily volume of 3,609,197 shares, the days-to-cover ratio is currently 0.7 days.
Shares of FEZ opened at $37.95 on Tuesday. SPDR EURO STOXX 50 ETF has a 52-week low of $31.94 and a 52-week high of $42.15.
The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 20th. Shareholders of record on Monday, March 18th were paid a dividend of $0.092 per share. The ex-dividend date of this dividend was Friday, March 15th. This represents a $0.37 annualized dividend and a yield of 0.97%.
A number of institutional investors and hedge funds have recently made changes to their positions in FEZ. JPMorgan Chase & Co. boosted its stake in SPDR EURO STOXX 50 ETF by 45.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 520,631 shares of the exchange traded fund’s stock worth $19,925,000 after purchasing an additional 161,645 shares during the last quarter. First Republic Investment Management Inc. acquired a new position in shares of SPDR EURO STOXX 50 ETF during the 3rd quarter valued at about $650,000. LPL Financial LLC boosted its position in shares of SPDR EURO STOXX 50 ETF by 2.6% during the 3rd quarter. LPL Financial LLC now owns 142,417 shares of the exchange traded fund’s stock valued at $5,450,000 after acquiring an additional 3,634 shares during the last quarter. Thrivent Financial for Lutherans acquired a new position in shares of SPDR EURO STOXX 50 ETF during the 3rd quarter valued at about $2,907,000. Finally, Koshinski Asset Management Inc. boosted its position in shares of SPDR EURO STOXX 50 ETF by 53.3% during the 3rd quarter. Koshinski Asset Management Inc. now owns 17,117 shares of the exchange traded fund’s stock valued at $655,000 after acquiring an additional 5,951 shares during the last quarter.
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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.
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