SPDR Portfolio Europe ETF (NYSEARCA:SPEU) Hits New 12-Month High – Here’s Why

SPDR Portfolio Europe ETF (NYSEARCA:SPEU) hit a new 52-week high on Tuesday . The stock traded as high as $57.57 and last traded at $57.57, with a volume of 14409 shares traded. The stock had previously closed at $57.29.

SPDR Portfolio Europe ETF Stock Up 0.5%

The firm has a market capitalization of $748.41 million, a price-to-earnings ratio of 16.86 and a beta of 0.84. The company has a 50-day moving average price of $55.63 and a 200-day moving average price of $54.54.

Institutional Investors Weigh In On SPDR Portfolio Europe ETF

Large investors have recently made changes to their positions in the company. Jane Street Group LLC grew its holdings in shares of SPDR Portfolio Europe ETF by 389.5% during the 2nd quarter. Jane Street Group LLC now owns 831,260 shares of the company’s stock worth $40,283,000 after purchasing an additional 661,443 shares in the last quarter. Osaic Holdings Inc. lifted its stake in SPDR Portfolio Europe ETF by 35.1% during the fourth quarter. Osaic Holdings Inc. now owns 603,703 shares of the company’s stock worth $31,471,000 after purchasing an additional 156,737 shares during the period. Equitable Holdings Inc. bought a new position in SPDR Portfolio Europe ETF during the second quarter worth about $4,915,000. Citadel Advisors LLC raised its stake in SPDR Portfolio Europe ETF by 594.0% during the third quarter. Citadel Advisors LLC now owns 89,452 shares of the company’s stock worth $4,456,000 after acquiring an additional 76,563 shares in the last quarter. Finally, Main Management ETF Advisors LLC lifted its holdings in shares of SPDR Portfolio Europe ETF by 9.2% during the fourth quarter. Main Management ETF Advisors LLC now owns 403,872 shares of the company’s stock valued at $21,054,000 after acquiring an additional 33,972 shares during the period.

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.