LPL Financial LLC Lowers Stake in SPDR Portfolio Europe ETF (NYSEARCA:SPEU)

LPL Financial LLC cut its holdings in shares of SPDR Portfolio Europe ETF (NYSEARCA:SPEU) by 11.8% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 205,681 shares of the company’s stock after selling 27,428 shares during the period. LPL Financial LLC owned approximately 3.07% of SPDR Portfolio Europe ETF worth $8,194,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of SPEU. Mather Group LLC. raised its position in SPDR Portfolio Europe ETF by 139.2% during the fourth quarter. Mather Group LLC. now owns 7,503,591 shares of the company’s stock worth $298,943,000 after acquiring an additional 4,366,469 shares during the period. Jane Street Group LLC increased its stake in shares of SPDR Portfolio Europe ETF by 33.9% during the third quarter. Jane Street Group LLC now owns 199,823 shares of the company’s stock worth $8,876,000 after purchasing an additional 50,582 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of SPDR Portfolio Europe ETF during the 4th quarter worth about $1,483,000. K2 Financial Inc. purchased a new position in SPDR Portfolio Europe ETF in the 4th quarter valued at about $530,000. Finally, Independent Advisor Alliance acquired a new stake in SPDR Portfolio Europe ETF in the 4th quarter worth about $207,000.

SPDR Portfolio Europe ETF Trading Down 6.4 %

NYSEARCA:SPEU opened at $40.87 on Friday. The stock has a 50 day moving average of $44.03 and a two-hundred day moving average of $42.50. SPDR Portfolio Europe ETF has a 12 month low of $39.26 and a 12 month high of $46.23. The firm has a market cap of $989.05 million, a P/E ratio of 17.18 and a beta of 0.92.

SPDR Portfolio Europe ETF Announces Dividend

The company also recently declared a dividend, which was paid on Wednesday, March 26th. Investors of record on Monday, March 24th were given a dividend of $0.1765 per share. The ex-dividend date of this dividend was Monday, March 24th.

SPDR Portfolio Europe ETF Company 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.