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

SPDR Portfolio Europe ETF (NYSEARCA:SPEU)’s share price hit a new 52-week high on Tuesday . The company traded as high as $56.70 and last traded at $56.67, with a volume of 4482 shares. The stock had previously closed at $56.07.

SPDR Portfolio Europe ETF Trading Up 0.9%

The firm has a market cap of $738.40 million, a price-to-earnings ratio of 16.86 and a beta of 0.84. The stock has a 50-day moving average of $55.05 and a 200-day moving average of $54.23.

Hedge Funds Weigh In On SPDR Portfolio Europe ETF

Several hedge funds and other institutional investors have recently modified their holdings of SPEU. International Assets Investment Management LLC bought a new stake in shares of SPDR Portfolio Europe ETF during the fourth quarter valued at approximately $47,000. JPMorgan Chase & Co. increased its position 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 acquiring an additional 1,063 shares during the period. Flagship Harbor Advisors LLC acquired a new stake in SPDR Portfolio Europe ETF in the 4th quarter valued at approximately $111,000. Cornerstone Planning Group LLC bought a new stake in SPDR Portfolio Europe ETF during the 4th quarter valued at $124,000. Finally, Jones Financial Companies Lllp raised its stake 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 acquiring an additional 2,533 shares in the last quarter.

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.