Summit Trail Advisors LLC Increases Stock Holdings in SPDR S&P China ETF (NYSEARCA:GXC)

Summit Trail Advisors LLC increased its holdings in SPDR S&P China ETF (NYSEARCA:GXC) by 1.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 16,772 shares of the company’s stock after purchasing an additional 306 shares during the period. Summit Trail Advisors LLC’s holdings in SPDR S&P China ETF were worth $1,273,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. GSB Wealth Management LLC purchased a new stake in SPDR S&P China ETF during the third quarter valued at about $75,000. Optimum Investment Advisors lifted its stake in shares of SPDR S&P China ETF by 11.5% during the third quarter. Optimum Investment Advisors now owns 1,799 shares of the company’s stock worth $148,000 after purchasing an additional 185 shares in the last quarter. Mittelman Wealth Management lifted its stake in shares of 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. Banco Santander S.A. acquired a new position in shares of SPDR S&P China ETF during the third quarter worth about $3,132,000. Finally, Zacks Investment Management lifted its stake in shares of SPDR S&P China ETF by 2.5% during the third quarter. Zacks Investment Management now owns 45,475 shares of the company’s stock worth $3,734,000 after purchasing an additional 1,099 shares in the last quarter.

SPDR S&P China ETF Price Performance

Shares of GXC opened at $81.59 on Tuesday. The stock’s 50-day moving average is $76.57 and its two-hundred day moving average is $75.08. The stock has a market cap of $542.57 million, a PE ratio of 9.52 and a beta of 0.84. SPDR S&P China ETF has a 12 month low of $61.91 and a 12 month high of $97.17.

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.