SPDR S&P China ETF (NYSEARCA:GXC) Trading Up 0.2% – What’s Next?

Shares of SPDR S&P China ETF (NYSEARCA:GXC) rose 0.2% on Friday . The stock traded as high as $74.68 and last traded at $74.63. Approximately 30,088 shares traded hands during trading, a decline of 17% from the average daily volume of 36,394 shares. The stock had previously closed at $74.45.

SPDR S&P China ETF Stock Up 0.2 %

The stock has a fifty day moving average of $78.15 and a 200-day moving average of $73.84. The firm has a market capitalization of $496.29 million, a P/E ratio of 9.52 and a beta of 0.84.

Hedge Funds Weigh In On SPDR S&P China ETF

A number of large investors have recently bought and sold shares of GXC. Mittelman Wealth Management lifted its position in SPDR S&P China ETF by 60.4% during the 3rd quarter. Mittelman Wealth Management now owns 12,441 shares of the company’s stock worth $1,022,000 after buying an additional 4,687 shares in the last quarter. Zacks Investment Management increased its position in shares of SPDR S&P China ETF by 2.5% in the third quarter. Zacks Investment Management now owns 45,475 shares of the company’s stock valued at $3,734,000 after acquiring an additional 1,099 shares during the last quarter. Jane Street Group LLC raised its holdings in SPDR S&P China ETF by 28.2% during the third quarter. Jane Street Group LLC now owns 124,291 shares of the company’s stock worth $10,207,000 after acquiring an additional 27,322 shares in the last quarter. Summit Trail Advisors LLC boosted its position in SPDR S&P China ETF by 1.5% during the third quarter. Summit Trail Advisors LLC now owns 16,466 shares of the company’s stock valued at $1,352,000 after purchasing an additional 240 shares during the last quarter. Finally, Banco Santander S.A. bought a new position in SPDR S&P China ETF in the third quarter valued at approximately $3,132,000.

About SPDR S&P China ETF

SPDR S&P China ETF (the Fund) seeks to replicate as closely as possible the total return performance of the S&P/Citigroup BMI China Index (the Index). The Index is a market capitalization-weighted index that defines and measures the investable universe of publicly traded companies domiciled in China, but legally available to foreign investors.