Envestnet Asset Management Inc. Trims Stake in SPDR Portfolio Europe ETF $SPEU

Envestnet Asset Management Inc. cut its stake in SPDR Portfolio Europe ETF (NYSEARCA:SPEU) by 90.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 36,739 shares of the company’s stock after selling 368,930 shares during the period. Envestnet Asset Management Inc.’s holdings in SPDR Portfolio Europe ETF were worth $1,780,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Garde Capital Inc. raised its position in shares of SPDR Portfolio Europe ETF by 28.8% in the 2nd quarter. Garde Capital Inc. now owns 993 shares of the company’s stock worth $48,000 after acquiring an additional 222 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in SPDR Portfolio Europe ETF by 305.2% in the first quarter. Jones Financial Companies Lllp now owns 3,363 shares of the company’s stock worth $148,000 after purchasing an additional 2,533 shares in the last quarter. Worth Financial Advisory Group LLC bought a new position in SPDR Portfolio Europe ETF in the second quarter worth $225,000. Royal Bank of Canada lifted its position in SPDR Portfolio Europe ETF by 8.9% during the first quarter. Royal Bank of Canada now owns 5,325 shares of the company’s stock valued at $234,000 after buying an additional 437 shares during the period. Finally, Private Trust Co. NA boosted its holdings in shares of SPDR Portfolio Europe ETF by 925.6% during the 2nd quarter. Private Trust Co. NA now owns 5,005 shares of the company’s stock valued at $243,000 after buying an additional 4,517 shares in the last quarter.

SPDR Portfolio Europe ETF Price Performance

NYSEARCA:SPEU opened at $49.43 on Wednesday. The firm’s 50-day moving average price is $50.08 and its 200-day moving average price is $48.92. The company has a market capitalization of $696.96 million, a PE ratio of 16.86 and a beta of 0.94. SPDR Portfolio Europe ETF has a 1-year low of $38.99 and a 1-year high of $51.36.

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.