SPDR S&P Emerging Asia Pacific ETF (NYSEARCA:GMF) Trading Up 1% – Should You Buy?

SPDR S&P Emerging Asia Pacific ETF (NYSEARCA:GMF)’s stock price shot up 1% during mid-day trading on Friday . The company traded as high as $152.10 and last traded at $151.89. 2,327 shares were traded during trading, a decline of 76% from the average session volume of 9,614 shares. The stock had previously closed at $150.44.

SPDR S&P Emerging Asia Pacific ETF Stock Performance

The stock has a 50 day moving average of $154.17 and a 200 day moving average of $148.23. The stock has a market capitalization of $425.29 million, a P/E ratio of 16.88 and a beta of 0.58.

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

Several institutional investors have recently modified their holdings of GMF. Jane Street Group LLC increased its holdings in shares of SPDR S&P Emerging Asia Pacific ETF by 356.6% in the 2nd quarter. Jane Street Group LLC now owns 10,630 shares of the company’s stock worth $1,344,000 after acquiring an additional 8,302 shares during the period. Bank of America Corp DE boosted its stake in SPDR S&P Emerging Asia Pacific ETF by 10.0% during the 2nd quarter. Bank of America Corp DE now owns 7,170 shares of the company’s stock valued at $906,000 after purchasing an additional 654 shares during the period. Corient Private Wealth LLC acquired a new position in SPDR S&P Emerging Asia Pacific ETF during the 2nd quarter valued at about $316,000. Osaic Holdings Inc. grew its position in SPDR S&P Emerging Asia Pacific ETF by 20.6% in the 2nd quarter. Osaic Holdings Inc. now owns 744 shares of the company’s stock worth $94,000 after purchasing an additional 127 shares during the last quarter. Finally, Private Advisor Group LLC bought a new position in SPDR S&P Emerging Asia Pacific ETF in the 3rd quarter worth about $209,000. Institutional investors own 47.59% of the company’s stock.

About SPDR S&P Emerging Asia Pacific ETF