K2 Financial Inc. Makes New Investment in SPDR Portfolio Europe ETF (NYSEARCA:SPEU)

K2 Financial Inc. purchased a new stake in shares of SPDR Portfolio Europe ETF (NYSEARCA:SPEU) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 13,397 shares of the company’s stock, valued at approximately $530,000.

Other hedge funds have also modified their holdings of the company. Raymond James Financial Inc. acquired a new stake in SPDR Portfolio Europe ETF during the fourth quarter valued at $1,483,000. Jones Financial Companies Lllp purchased a new stake in shares of SPDR Portfolio Europe ETF during the 4th quarter worth about $33,000. Private Advisor Group LLC lifted its holdings in shares of SPDR Portfolio Europe ETF by 5.9% during the 4th quarter. Private Advisor Group LLC now owns 7,212 shares of the company’s stock valued at $287,000 after buying an additional 403 shares during the last quarter. Treasure Coast Financial Planning grew its stake in shares of SPDR Portfolio Europe ETF by 3.8% in the 4th quarter. Treasure Coast Financial Planning now owns 100,557 shares of the company’s stock valued at $4,006,000 after buying an additional 3,637 shares in the last quarter. Finally, Mather Group LLC. increased its holdings in SPDR Portfolio Europe ETF by 139.2% in the fourth quarter. Mather Group LLC. now owns 7,503,591 shares of the company’s stock worth $298,943,000 after buying an additional 4,366,469 shares during the last quarter.

SPDR Portfolio Europe ETF Stock Performance

Shares of SPEU opened at $45.36 on Friday. The firm has a market cap of $821.02 million, a PE ratio of 17.41 and a beta of 1.00. The firm’s 50 day moving average price is $42.20 and its 200 day moving average price is $42.35. SPDR Portfolio Europe ETF has a twelve month low of $39.26 and a twelve month high of $45.88.

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.