SPDR Portfolio Europe ETF (NYSEARCA:SPEU) Sees Strong Trading Volume – Here’s Why

Shares of SPDR Portfolio Europe ETF (NYSEARCA:SPEU) saw unusually-high trading volume on Friday . Approximately 153,726 shares traded hands during trading, an increase of 111% from the previous session’s volume of 72,914 shares.The stock last traded at $55.8150 and had previously closed at $55.44.

SPDR Portfolio Europe ETF Stock Performance

The firm’s fifty day moving average price is $53.72 and its 200 day moving average price is $51.23. The firm has a market cap of $790.16 million, a P/E ratio of 16.86 and a beta of 0.94.

Institutional Trading of SPDR Portfolio Europe ETF

A number of hedge funds have recently bought and sold shares of SPEU. International Assets Investment Management LLC purchased a new position in shares of SPDR Portfolio Europe ETF in the 4th quarter valued at $47,000. GPS Wealth Strategies Group LLC grew its stake in SPDR Portfolio Europe ETF by 45.8% in the second quarter. GPS Wealth Strategies Group LLC now owns 917 shares of the company’s stock valued at $44,000 after purchasing an additional 288 shares during the last quarter. JPMorgan Chase & Co. grew its stake in SPDR Portfolio Europe ETF by 460.2% in the third quarter. JPMorgan Chase & Co. now owns 1,294 shares of the company’s stock valued at $64,000 after purchasing an additional 1,063 shares during the last quarter. Painted Porch Advisors LLC purchased a new position in SPDR Portfolio Europe ETF in the third quarter valued at about $89,000. Finally, Flagship Harbor Advisors LLC bought a new position in SPDR Portfolio Europe ETF in the fourth quarter worth about $111,000.

About SPDR Portfolio Europe ETF

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.