K2 Financial Inc. Increases Stock Holdings in SPDR Portfolio Europe ETF $SPEU

K2 Financial Inc. increased its stake in shares of SPDR Portfolio Europe ETF (NYSEARCA:SPEU) by 7.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,022 shares of the company’s stock after buying an additional 1,020 shares during the quarter. K2 Financial Inc.’s holdings in SPDR Portfolio Europe ETF were worth $722,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Worth Financial Advisory Group LLC bought a new position in SPDR Portfolio Europe ETF during the 2nd quarter valued at $225,000. Worth Asset Management LLC purchased a new stake in shares of SPDR Portfolio Europe ETF in the second quarter valued at about $995,000. Sharkey Howes & Javer bought a new position in shares of SPDR Portfolio Europe ETF during the second quarter valued at about $1,848,000. Garde Capital Inc. lifted its position in shares of SPDR Portfolio Europe ETF by 28.8% during the second quarter. Garde Capital Inc. now owns 993 shares of the company’s stock valued at $48,000 after purchasing an additional 222 shares in the last quarter. Finally, Ascent Group LLC purchased a new position in SPDR Portfolio Europe ETF during the first quarter worth about $453,000.

SPDR Portfolio Europe ETF Stock Performance

Shares of SPEU stock opened at $49.42 on Tuesday. The company has a market capitalization of $706.71 million, a price-to-earnings ratio of 16.86 and a beta of 0.95. SPDR Portfolio Europe ETF has a 52-week low of $38.99 and a 52-week high of $50.18. The company has a 50-day simple moving average of $48.99 and a two-hundred day simple moving average of $47.30.

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.