SPDR S&P China ETF (NYSEARCA:GXC) Trading 1.1% Higher

Shares of SPDR S&P China ETF (NYSEARCA:GXC) rose 1.1% on Thursday . The company traded as high as $66.82 and last traded at $66.68. Approximately 122,237 shares were traded during mid-day trading, an increase of 21% from the average daily volume of 100,904 shares. The stock had previously closed at $65.97.

SPDR S&P China ETF Stock Performance

The stock has a market cap of $447.08 million, a price-to-earnings ratio of 9.52 and a beta of 0.84. The company has a 50-day simple moving average of $67.98 and a two-hundred day simple moving average of $68.46.

Hedge Funds Weigh In On SPDR S&P China ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. OLD Mission Capital LLC acquired a new stake in shares of SPDR S&P China ETF in the first quarter valued at approximately $19,916,000. Syon Capital LLC acquired a new stake in SPDR S&P China ETF during the 4th quarter valued at $13,227,000. Jane Street Group LLC boosted its position in SPDR S&P China ETF by 327.5% during the first quarter. Jane Street Group LLC now owns 190,015 shares of the company’s stock worth $12,499,000 after purchasing an additional 145,562 shares during the period. Osborne Partners Capital Management LLC raised its position in shares of SPDR S&P China ETF by 19.7% in the first quarter. Osborne Partners Capital Management LLC now owns 182,184 shares of the company’s stock valued at $11,984,000 after purchasing an additional 29,959 shares during the period. Finally, Executive Wealth Group LLC lifted its stake in shares of SPDR S&P China ETF by 200.0% during the 1st quarter. Executive Wealth Group LLC now owns 141,287 shares of the company’s stock worth $9,013,000 after buying an additional 94,190 shares during the last quarter.

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.