Midwest Financial Network LLC Sells 14,297 Shares of SPDR Portfolio Europe ETF $SPEU

Midwest Financial Network LLC cut its holdings in SPDR Portfolio Europe ETF (NYSEARCA:SPEU) by 28.4% during the first quarter, Holdings Channel reports. The institutional investor owned 36,108 shares of the company’s stock after selling 14,297 shares during the quarter. SPDR Portfolio Europe ETF makes up approximately 1.5% of Midwest Financial Network LLC’s investment portfolio, making the stock its 25th biggest position. Midwest Financial Network LLC’s holdings in SPDR Portfolio Europe ETF were worth $1,850,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of SPEU. International Assets Investment Management LLC bought a new stake in SPDR Portfolio Europe ETF during the fourth quarter worth about $47,000. JPMorgan Chase & Co. grew 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 purchasing an additional 1,063 shares during the period. Flagship Harbor Advisors LLC bought a new position in shares of SPDR Portfolio Europe ETF during the fourth quarter valued at approximately $111,000. Cornerstone Planning Group LLC bought a new position in shares of SPDR Portfolio Europe ETF during the fourth quarter valued at approximately $124,000. Finally, Jones Financial Companies Lllp lifted its holdings in shares of 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 purchasing an additional 2,533 shares during the last quarter.

SPDR Portfolio Europe ETF Stock Down 0.5%

Shares of SPEU opened at $56.07 on Friday. The business’s 50 day moving average price is $55.03 and its 200-day moving average price is $54.21. SPDR Portfolio Europe ETF has a 52 week low of $46.76 and a 52 week high of $56.46. The stock has a market cap of $728.91 million, a P/E ratio of 16.86 and a beta of 0.84.

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.