Main Management ETF Advisors LLC Increases Holdings in SPDR Portfolio Europe ETF $SPEU

Main Management ETF Advisors LLC lifted its position in SPDR Portfolio Europe ETF (NYSEARCA:SPEU) by 9.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 403,872 shares of the company’s stock after purchasing an additional 33,972 shares during the quarter. SPDR Portfolio Europe ETF comprises 0.8% of Main Management ETF Advisors LLC’s holdings, making the stock its 12th largest position. Main Management ETF Advisors LLC owned approximately 2.86% of SPDR Portfolio Europe ETF worth $21,054,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. International Assets Investment Management LLC purchased a new position in shares of SPDR Portfolio Europe ETF in the fourth quarter worth about $47,000. JPMorgan Chase & Co. raised 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 purchasing an additional 1,063 shares during the last quarter. Painted Porch Advisors LLC purchased a new position in shares of SPDR Portfolio Europe ETF in the third quarter worth about $89,000. Flagship Harbor Advisors LLC purchased a new position in shares of SPDR Portfolio Europe ETF in the fourth quarter worth about $111,000. Finally, Cornerstone Planning Group LLC purchased a new position in shares of SPDR Portfolio Europe ETF in the fourth quarter worth about $124,000.

SPDR Portfolio Europe ETF Price Performance

Shares of NYSEARCA:SPEU opened at $55.43 on Monday. SPDR Portfolio Europe ETF has a 52-week low of $46.31 and a 52-week high of $56.46. The stock has a market cap of $737.22 million, a price-to-earnings ratio of 16.86 and a beta of 0.85. The business has a 50-day moving average price of $53.49 and a 200-day moving average price of $53.08.

SPDR Portfolio Europe ETF 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.