SPDR Portfolio Europe ETF (NYSEARCA:SPEU) Sets New 1-Year High – Here’s Why

SPDR Portfolio Europe ETF (NYSEARCA:SPEU) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $51.36 and last traded at $51.4650, with a volume of 35686 shares changing hands. The stock had previously closed at $50.83.

SPDR Portfolio Europe ETF Stock Down 0.7%

The stock’s fifty day simple moving average is $50.37 and its 200 day simple moving average is $49.30. The firm has a market capitalization of $726.71 million, a PE ratio of 16.86 and a beta of 0.94.

Institutional Trading of SPDR Portfolio Europe ETF

Hedge funds have recently bought and sold shares of the stock. Garde Capital Inc. increased its position in SPDR Portfolio Europe ETF by 28.8% in the second quarter. Garde Capital Inc. now owns 993 shares of the company’s stock worth $48,000 after buying an additional 222 shares in the last quarter. Raymond James Financial Inc. grew its stake in shares of SPDR Portfolio Europe ETF by 0.8% during the 2nd quarter. Raymond James Financial Inc. now owns 37,358 shares of the company’s stock valued at $1,810,000 after acquiring an additional 285 shares during the period. GPS Wealth Strategies Group LLC increased its holdings in SPDR Portfolio Europe ETF by 45.8% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 917 shares of the company’s stock worth $44,000 after acquiring an additional 288 shares in the last quarter. Royal Bank of Canada increased its holdings in SPDR Portfolio Europe ETF by 8.9% in the 1st quarter. Royal Bank of Canada now owns 5,325 shares of the company’s stock worth $234,000 after acquiring an additional 437 shares in the last quarter. Finally, Sargent Investment Group LLC raised its stake in SPDR Portfolio Europe ETF by 6.1% during the 3rd quarter. Sargent Investment Group LLC now owns 10,435 shares of the company’s stock worth $520,000 after acquiring an additional 600 shares during the period.

SPDR Portfolio Europe ETF Company Profile

The SPDR Portfolio Europe ETF (SPEU) is an exchange-traded fund that is based on the STOXX Europe TMI index, a market-cap-weighted index of Western European companies across the market-cap spectrum. SPEU was launched on Oct 15, 2002 and is managed by State Street.