63,180 Shares in SPDR S&P China ETF (NYSEARCA:GXC) Purchased by Pasadena Private Wealth LLC

Pasadena Private Wealth LLC bought a new position in shares of SPDR S&P China ETF (NYSEARCA:GXC) during the 4th quarter, Holdings Channel reports. The firm bought 63,180 shares of the company’s stock, valued at approximately $4,794,000. SPDR S&P China ETF makes up 1.0% of Pasadena Private Wealth LLC’s investment portfolio, making the stock its 24th biggest position.

Other hedge funds also recently added to or reduced their stakes in the company. GSB Wealth Management LLC acquired a new stake in shares of SPDR S&P China ETF in the 3rd quarter worth approximately $75,000. Avestar Capital LLC purchased a new stake in SPDR S&P China ETF during the fourth quarter worth $756,000. Mittelman Wealth Management boosted its position in SPDR S&P China ETF by 60.4% during the third quarter. Mittelman Wealth Management now owns 12,441 shares of the company’s stock worth $1,022,000 after purchasing an additional 4,687 shares in the last quarter. Summit Trail Advisors LLC grew its holdings in SPDR S&P China ETF by 1.9% in the fourth quarter. Summit Trail Advisors LLC now owns 16,772 shares of the company’s stock valued at $1,273,000 after purchasing an additional 306 shares during the last quarter. Finally, Banco Santander S.A. purchased a new position in shares of SPDR S&P China ETF in the third quarter valued at $3,132,000.

SPDR S&P China ETF Stock Up 0.6 %

SPDR S&P China ETF stock opened at $85.36 on Wednesday. The firm has a market capitalization of $567.64 million, a PE ratio of 9.52 and a beta of 0.84. SPDR S&P China ETF has a 52 week low of $63.35 and a 52 week high of $97.17. The firm’s 50-day simple moving average is $77.02 and its 200 day simple moving average is $75.66.

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.