Independent Financial Group LLC Makes New Investment in SPDR Portfolio Europe ETF $SPEU

Independent Financial Group LLC purchased a new position in shares of SPDR Portfolio Europe ETF (NYSEARCA:SPEU) in the first quarter, according to its most recent disclosure with the SEC. The firm purchased 12,769 shares of the company’s stock, valued at approximately $654,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SPEU. International Assets Investment Management LLC acquired a new stake in shares of SPDR Portfolio Europe ETF during the 4th quarter valued at about $47,000. JPMorgan Chase & Co. increased its holdings 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 worth $64,000 after buying an additional 1,063 shares during the last quarter. Flagship Harbor Advisors LLC acquired a new position in SPDR Portfolio Europe ETF in the fourth quarter worth approximately $111,000. Cornerstone Planning Group LLC bought a new position in SPDR Portfolio Europe ETF during the fourth quarter valued at approximately $124,000. Finally, Jones Financial Companies Lllp raised its position in SPDR Portfolio Europe ETF by 305.2% during the first quarter. Jones Financial Companies Lllp now owns 3,363 shares of the company’s stock valued at $148,000 after acquiring an additional 2,533 shares in the last quarter.

SPDR Portfolio Europe ETF Stock Up 0.4%

NYSEARCA SPEU opened at $55.22 on Thursday. The stock has a market capitalization of $717.86 million, a PE ratio of 16.86 and a beta of 0.84. The company has a 50 day moving average price of $54.91 and a two-hundred day moving average price of $54.11. SPDR Portfolio Europe ETF has a 12-month low of $46.76 and a 12-month high of $56.46.

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.