Merit Financial Group LLC reduced its holdings in SPDR EURO STOXX 50 ETF (NYSEARCA:FEZ – Free Report) by 83.9% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 4,949 shares of the exchange traded fund’s stock after selling 25,707 shares during the quarter. Merit Financial Group LLC’s holdings in SPDR EURO STOXX 50 ETF were worth $237,000 at the end of the most recent quarter.
Several other hedge funds have also recently made changes to their positions in FEZ. International Assets Investment Management LLC bought a new stake in SPDR EURO STOXX 50 ETF during the 4th quarter valued at approximately $23,681,000. Envestnet Portfolio Solutions Inc. purchased a new position in shares of SPDR EURO STOXX 50 ETF in the 3rd quarter valued at approximately $5,417,000. Retirement Guys Formula LLC bought a new…