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

SPDR Portfolio Europe ETF (NYSEARCA:SPEU) shares saw strong trading volume on Thursday . 306,317 shares traded hands during trading, an increase of 214% from the previous session’s volume of 97,657 shares.The stock last traded at $51.70 and had previously closed at $52.01.

SPDR Portfolio Europe ETF Stock Performance

The stock’s fifty day moving average is $53.59 and its two-hundred day moving average is $51.88. The firm has a market capitalization of $728.69 million, a price-to-earnings ratio of 16.86 and a beta of 0.94.

Institutional Trading of SPDR Portfolio Europe ETF

Several large investors have recently modified their holdings of the business. Raymond James Financial Inc. lifted its stake in shares of SPDR Portfolio Europe ETF by 0.8% in the second quarter. Raymond James Financial Inc. now owns 37,358 shares of the company’s stock worth $1,810,000 after acquiring an additional 285 shares in the last quarter. Royal Bank of Canada raised its position in shares of SPDR Portfolio Europe ETF by 8.9% in 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 in the last quarter. Paces Ferry Wealth Advisors LLC boosted its stake in shares of SPDR Portfolio Europe ETF by 3.5% during the 4th quarter. Paces Ferry Wealth Advisors LLC now owns 17,745 shares of the company’s stock valued at $925,000 after buying an additional 593 shares during the last quarter. Sargent Investment Group LLC grew its position in shares of SPDR Portfolio Europe ETF by 6.1% during the third quarter. Sargent Investment Group LLC now owns 10,435 shares of the company’s stock worth $520,000 after buying an additional 600 shares in the last quarter. Finally, U.S. Capital Wealth Advisors LLC increased its stake in shares of SPDR Portfolio Europe ETF by 12.4% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 5,436 shares of the company’s stock worth $283,000 after buying an additional 601 shares during the last quarter.

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.