SPDR Portfolio Europe ETF (NYSEARCA:SPEU) Stock Price Up 0.1% – Here’s Why

SPDR Portfolio Europe ETF (NYSEARCA:SPEU)’s share price rose 0.1% during trading on Friday . The company traded as high as $55.01 and last traded at $54.92. 13,214 shares were traded during trading, a decline of 81% from the average session volume of 71,204 shares. The stock had previously closed at $54.85.

SPDR Portfolio Europe ETF Stock Performance

The firm has a fifty day simple moving average of $54.86 and a two-hundred day simple moving average of $53.94. The firm has a market cap of $713.96 million, a PE ratio of 16.86 and a beta of 0.84.

Institutional Investors Weigh In On SPDR Portfolio Europe ETF

A number of hedge funds have recently bought and sold shares of the business. International Assets Investment Management LLC bought a new stake in SPDR Portfolio Europe ETF during the fourth quarter worth approximately $47,000. JPMorgan Chase & Co. boosted its holdings in shares of SPDR Portfolio Europe ETF by 460.2% in the 3rd 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 period. Painted Porch Advisors LLC bought a new position in shares of SPDR Portfolio Europe ETF during the 3rd quarter valued at approximately $89,000. Flagship Harbor Advisors LLC purchased a new stake in SPDR Portfolio Europe ETF during the 4th quarter valued at $111,000. Finally, Cornerstone Planning Group LLC purchased a new stake in SPDR Portfolio Europe ETF during the 4th quarter valued at $124,000.

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.