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

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

SPDR Portfolio Europe ETF Stock Performance

The stock has a market capitalization of $739.57 million, a P/E ratio of 16.86 and a beta of 0.84. The firm has a fifty day moving average price of $55.10 and a two-hundred day moving average price of $54.28.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of SPEU. Royal Bank of Canada grew its stake in shares of SPDR Portfolio Europe ETF by 8.9% during the 1st quarter. Royal Bank of Canada now owns 5,325 shares of the company’s stock valued at $234,000 after purchasing an additional 437 shares during the period. Jones Financial Companies Lllp raised its holdings in SPDR Portfolio Europe ETF by 305.2% in the 1st 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 during the period. Raymond James Financial Inc. lifted its position in SPDR Portfolio Europe ETF by 0.8% during the second quarter. Raymond James Financial Inc. now owns 37,358 shares of the company’s stock valued at $1,810,000 after purchasing an additional 285 shares in the last quarter. Jane Street Group LLC lifted its position in SPDR Portfolio Europe ETF by 389.5% during the second quarter. Jane Street Group LLC now owns 831,260 shares of the company’s stock valued at $40,283,000 after purchasing an additional 661,443 shares in the last quarter. Finally, MGB Wealth Management LLC grew its holdings in SPDR Portfolio Europe ETF by 80.9% during the second quarter. MGB Wealth Management LLC now owns 3,872 shares of the company’s stock valued at $188,000 after purchasing an additional 1,731 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.