SPDR S&P Emerging Asia Pacific ETF (NYSEARCA:GMF) Shares Down 0.2% – Should You Sell?

SPDR S&P Emerging Asia Pacific ETF (NYSEARCA:GMF)’s share price traded down 0.2% during trading on Monday . The company traded as low as $114.36 and last traded at $115.66. 3,528 shares were traded during mid-day trading, a decline of 74% from the average session volume of 13,509 shares. The stock had previously closed at $115.89.

SPDR S&P Emerging Asia Pacific ETF Trading Down 0.2 %

The company has a 50-day moving average price of $117.12 and a two-hundred day moving average price of $118.33. The stock has a market cap of $352.76 million, a P/E ratio of 16.28 and a beta of 0.56.

Hedge Funds Weigh In On SPDR S&P Emerging Asia Pacific ETF

Hedge funds have recently added to or reduced their stakes in the company. HighTower Advisors LLC boosted its position in shares of SPDR S&P Emerging Asia Pacific ETF by 5.5% during the third quarter. HighTower Advisors LLC now owns 18,905 shares of the company’s stock valued at $2,322,000 after buying an additional 980 shares during the period. MML Investors Services LLC purchased a new position in SPDR S&P Emerging Asia Pacific ETF during the 3rd quarter valued at $221,000. Addison Advisors LLC boosted its holdings in SPDR S&P Emerging Asia Pacific ETF by 2.1% during the 4th quarter. Addison Advisors LLC now owns 17,285 shares of the company’s stock valued at $1,997,000 after acquiring an additional 362 shares during the period. Rainey & Randall Wealth Advisors Inc. increased its stake in SPDR S&P Emerging Asia Pacific ETF by 11.2% in the fourth quarter. Rainey & Randall Wealth Advisors Inc. now owns 167,538 shares of the company’s stock worth $19,361,000 after purchasing an additional 16,827 shares during the period. Finally, Bank Julius Baer & Co. Ltd Zurich lifted its position in shares of SPDR S&P Emerging Asia Pacific ETF by 36.1% during the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 15,042 shares of the company’s stock worth $1,918,000 after purchasing an additional 3,991 shares during the last quarter.

About SPDR S&P Emerging Asia Pacific ETF

SPDR S&P Emerging Asia Pacific ETF (the Fund) seeks to closely match the returns and characteristics of the total return performance of the S&P Asia Pacific Emerging BMI Index (the Index). The Index is a market capitalization-weighted index that defines and measures the investable universe of publicly traded companies domiciled in emerging Asian Pacific markets.