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

Midwest Financial Network LLC reduced its position in shares of SPDR Portfolio Europe ETF (NYSEARCA:SPEU) by 28.4% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 36,108 shares of the company’s stock after selling 14,297 shares during the period. SPDR Portfolio Europe ETF accounts for approximately 1.5% of Midwest Financial Network LLC’s portfolio, making the stock its 25th largest position. Midwest Financial Network LLC owned 0.27% of SPDR Portfolio Europe ETF worth $1,850,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of SPEU. Bank of America Corp DE increased its holdings in SPDR Portfolio Europe ETF by 0.6% during the 1st quarter. Bank of America Corp DE now owns 292,936 shares of the company’s stock valued at $15,010,000 after purchasing an additional 1,611 shares during the period. Bank of Nova Scotia purchased a new position in SPDR Portfolio Europe ETF during the 1st quarter valued at $433,000. Cetera Investment Advisers raised its holdings in SPDR Portfolio Europe ETF by 13.5% in the 1st quarter. Cetera Investment Advisers now owns 73,168 shares of the company’s stock worth $3,749,000 after purchasing an additional 8,712 shares in the last quarter. Paces Ferry Wealth Advisors LLC raised its holdings in SPDR Portfolio Europe ETF by 3.5% in the 1st quarter. Paces Ferry Wealth Advisors LLC now owns 18,369 shares of the company’s stock worth $941,000 after purchasing an additional 624 shares in the last quarter. Finally, Independent Financial Group LLC bought a new position in SPDR Portfolio Europe ETF in the 1st quarter worth $654,000.

SPDR Portfolio Europe ETF Trading Down 0.5%

NYSEARCA:SPEU opened at $56.07 on Friday. The company has a 50-day moving average price of $55.03 and a 200-day moving average price of $54.21. The stock has a market cap of $728.91 million, a price-to-earnings ratio of 16.86 and a beta of 0.84. SPDR Portfolio Europe ETF has a 12 month low of $46.76 and a 12 month high of $56.46.

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.