SPDR Portfolio Europe ETF (NYSEARCA:SPEU) Hits New 52-Week High – Here’s Why

SPDR Portfolio Europe ETF (NYSEARCA:SPEU)’s stock price reached a new 52-week high on Tuesday . The company traded as high as $52.37 and last traded at $52.3650, with a volume of 3363 shares changing hands. The stock had previously closed at $52.11.

SPDR Portfolio Europe ETF Stock Up 0.4%

The business’s 50 day simple moving average is $50.78 and its 200-day simple moving average is $49.61. The stock has a market capitalization of $737.99 million, a price-to-earnings ratio of 16.86 and a beta of 0.94.

Institutional Trading of SPDR Portfolio Europe ETF

Hedge funds have recently made changes to their positions in the company. GPS Wealth Strategies Group LLC grew its stake in shares of SPDR Portfolio Europe ETF by 45.8% in the second quarter. GPS Wealth Strategies Group LLC now owns 917 shares of the company’s stock worth $44,000 after purchasing an additional 288 shares during the last quarter. Garde Capital Inc. raised its position in shares of SPDR Portfolio Europe ETF by 28.8% during the second quarter. Garde Capital Inc. now owns 993 shares of the company’s stock worth $48,000 after acquiring an additional 222 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of SPDR Portfolio Europe ETF by 460.2% in the third quarter. JPMorgan Chase & Co. now owns 1,294 shares of the company’s stock worth $64,000 after acquiring an additional 1,063 shares during the period. Painted Porch Advisors LLC bought a new stake in SPDR Portfolio Europe ETF in the third quarter valued at approximately $89,000. Finally, Jones Financial Companies Lllp increased its position in SPDR Portfolio Europe ETF by 305.2% during the 1st quarter. Jones Financial Companies Lllp now owns 3,363 shares of the company’s stock valued at $148,000 after purchasing an additional 2,533 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.