Flow Traders U.S. LLC Boosts Holdings in SPDR S&P China ETF $GXC

Flow Traders U.S. LLC grew its position in shares of SPDR S&P China ETF (NYSEARCA:GXC) by 118.3% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 33,903 shares of the company’s stock after buying an additional 18,372 shares during the quarter. Flow Traders U.S. LLC’s holdings in SPDR S&P China ETF were worth $3,559,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. Jones Financial Companies Lllp increased its stake in shares of SPDR S&P China ETF by 4,448.1% during the first quarter. Jones Financial Companies Lllp now owns 3,593 shares of the company’s stock worth $309,000 after acquiring an additional 3,514 shares during the period. Envestnet Asset Management Inc. lifted its position in SPDR S&P China ETF by 26.4% in the second quarter. Envestnet Asset Management Inc. now owns 3,664 shares of the company’s stock valued at $321,000 after purchasing an additional 765 shares during the period. JPMorgan Chase & Co. lifted its position in SPDR S&P China ETF by 14.4% in the second quarter. JPMorgan Chase & Co. now owns 4,545 shares of the company’s stock valued at $398,000 after purchasing an additional 573 shares during the period. CreativeOne Wealth LLC purchased a new stake in SPDR S&P China ETF in the 2nd quarter valued at approximately $214,000. Finally, Steward Partners Investment Advisory LLC acquired a new position in SPDR S&P China ETF during the 2nd quarter worth approximately $769,000.

SPDR S&P China ETF Trading Up 0.8%

NYSEARCA GXC opened at $97.10 on Tuesday. The stock has a market capitalization of $490.36 million, a price-to-earnings ratio of 12.97 and a beta of 0.28. The business’s 50 day moving average is $100.19 and its two-hundred day moving average is $100.68. SPDR S&P China ETF has a 12-month low of $71.20 and a 12-month high of $107.01.

SPDR S&P China ETF Profile

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. The Index is float adjusted, meaning that only those shares publicly available to investors are included in the Index calculation. The Fund uses a passive management strategy designed to track the price and yield performance of the Index.