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

SPDR Portfolio Europe ETF (NYSEARCA:SPEU)’s share price hit a new 52-week high on Wednesday . The company traded as high as $56.36 and last traded at $56.3560, with a volume of 25699 shares. The stock had previously closed at $55.90.

SPDR Portfolio Europe ETF Price Performance

The firm has a market capitalization of $794.73 million, a P/E ratio of 16.86 and a beta of 0.94. The business has a 50 day moving average price of $53.88 and a 200 day moving average price of $51.35.

Hedge Funds Weigh In On SPDR Portfolio Europe ETF

Large investors have recently bought and sold shares of the stock. GPS Wealth Strategies Group LLC increased its holdings in shares of SPDR Portfolio Europe ETF by 45.8% during the 2nd 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 period. International Assets Investment Management LLC bought a new position in SPDR Portfolio Europe ETF during the fourth quarter worth about $47,000. JPMorgan Chase & Co. boosted its stake in SPDR Portfolio Europe ETF by 460.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,294 shares of the company’s stock valued at $64,000 after buying an additional 1,063 shares in the last quarter. Painted Porch Advisors LLC acquired a new stake in shares of SPDR Portfolio Europe ETF in the 3rd quarter valued at $89,000. Finally, Flagship Harbor Advisors LLC bought a new stake in shares of SPDR Portfolio Europe ETF in the 4th quarter worth about $111,000.

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.