SPDR S&P China ETF (NYSEARCA:GXC) Sees Large Volume Increase – Here’s What Happened

Shares of SPDR S&P China ETF (NYSEARCA:GXC) saw strong trading volume on Tuesday . 54,614 shares changed hands during trading, an increase of 75% from the previous session’s volume of 31,207 shares.The stock last traded at $84.87 and had previously closed at $84.82.

SPDR S&P China ETF Price Performance

The firm has a fifty day simple moving average of $77.38 and a two-hundred day simple moving average of $75.93. The firm has a market capitalization of $575.49 million, a P/E ratio of 9.52 and a beta of 0.84.

Institutional Trading of SPDR S&P China ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Osborne Partners Capital Management LLC increased its holdings in shares of SPDR S&P China ETF by 0.3% in the fourth quarter. Osborne Partners Capital Management LLC now owns 193,401 shares of the company’s stock worth $14,675,000 after buying an additional 572 shares during the period. swisspartners Advisors Ltd increased its stake in shares of SPDR S&P China ETF by 2.1% in the 4th quarter. swisspartners Advisors Ltd now owns 135,047 shares of the company’s stock worth $10,247,000 after acquiring an additional 2,740 shares in the last quarter. Jane Street Group LLC lifted its holdings in shares of SPDR S&P China ETF by 28.2% during the third quarter. Jane Street Group LLC now owns 124,291 shares of the company’s stock valued at $10,207,000 after purchasing an additional 27,322 shares during the last quarter. OLD Mission Capital LLC boosted its holdings in SPDR S&P China ETF by 15.0% in the fourth quarter. OLD Mission Capital LLC now owns 123,653 shares of the company’s stock worth $9,383,000 after acquiring an additional 16,090 shares in the last quarter. Finally, Pasadena Private Wealth LLC purchased a new stake in SPDR S&P China ETF during the 4th quarter valued at about $4,794,000.

SPDR S&P China ETF Company 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.