Envestnet Asset Management Inc. Invests $17.85 Million in SPDR Portfolio Europe ETF (NYSEARCA:SPEU)

Envestnet Asset Management Inc. acquired a new stake in shares of SPDR Portfolio Europe ETF (NYSEARCA:SPEU) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 405,669 shares of the company’s stock, valued at approximately $17,853,000. Envestnet Asset Management Inc. owned approximately 1.65% of SPDR Portfolio Europe ETF at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. GPS Wealth Strategies Group LLC bought a new stake in shares of SPDR Portfolio Europe ETF during the 1st quarter valued at $28,000. Garde Capital Inc. bought a new position in SPDR Portfolio Europe ETF in the first quarter valued at about $34,000. Jones Financial Companies Lllp bought a new position in SPDR Portfolio Europe ETF in the fourth quarter valued at about $33,000. Grove Bank & Trust bought a new position in SPDR Portfolio Europe ETF in the first quarter valued at about $132,000. Finally, Independent Advisor Alliance acquired a new stake in shares of SPDR Portfolio Europe ETF in the fourth quarter valued at about $207,000.

SPDR Portfolio Europe ETF Trading Up 0.3%

Shares of SPDR Portfolio Europe ETF stock opened at $48.29 on Friday. SPDR Portfolio Europe ETF has a 12 month low of $38.99 and a 12 month high of $49.23. The business’s fifty day simple moving average is $48.06 and its 200 day simple moving average is $44.95. The firm has a market capitalization of $690.55 million, a P/E ratio of 16.86 and a beta of 0.95.

SPDR Portfolio Europe ETF 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.