Tradewinds Capital Management LLC Makes New Investment in SPDR S&P China ETF (NYSEARCA:GXC)

Tradewinds Capital Management LLC purchased a new position in shares of SPDR S&P China ETF (NYSEARCA:GXC) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 9,338 shares of the company’s stock, valued at approximately $709,000.

A number of other hedge funds also recently made changes to their positions in GXC. GSB Wealth Management LLC acquired a new stake in SPDR S&P China ETF in the 3rd quarter valued at approximately $75,000. Private Advisor Group LLC acquired a new position in shares of SPDR S&P China ETF during the fourth quarter valued at $488,000. Avestar Capital LLC bought a new stake in shares of SPDR S&P China ETF during the fourth quarter valued at about $756,000. Mittelman Wealth Management lifted its holdings in SPDR S&P China ETF by 60.4% in 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 during the period. Finally, Summit Trail Advisors LLC grew its position in SPDR S&P China ETF by 1.5% in the 3rd quarter. Summit Trail Advisors LLC now owns 16,466 shares of the company’s stock valued at $1,352,000 after buying an additional 240 shares in the last quarter.

SPDR S&P China ETF Trading Up 1.7 %

SPDR S&P China ETF stock opened at $87.98 on Friday. SPDR S&P China ETF has a 52 week low of $64.11 and a 52 week high of $97.17. The stock has a market cap of $585.07 million, a price-to-earnings ratio of 9.52 and a beta of 0.84. The company’s 50-day moving average price is $77.57 and its two-hundred day moving average price is $76.16.

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.