swisspartners Advisors Ltd Buys 2,740 Shares of SPDR S&P China ETF (NYSEARCA:GXC)

swisspartners Advisors Ltd boosted its stake in SPDR S&P China ETF (NYSEARCA:GXC) by 2.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 135,047 shares of the company’s stock after purchasing an additional 2,740 shares during the quarter. SPDR S&P China ETF comprises 18.2% of swisspartners Advisors Ltd’s investment portfolio, making the stock its biggest position. swisspartners Advisors Ltd owned 2.03% of SPDR S&P China ETF worth $10,247,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of GXC. GSB Wealth Management LLC bought a new position in SPDR S&P China ETF in the third quarter valued at about $75,000. Optimum Investment Advisors increased its position in SPDR S&P China ETF by 11.5% during the 3rd 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 SPDR S&P China ETF by 60.4% in the 3rd quarter. Mittelman Wealth Management now owns 12,441 shares of the company’s stock valued at $1,022,000 after purchasing an additional 4,687 shares during the last quarter. Summit Trail Advisors LLC boosted its position in SPDR S&P China ETF by 1.5% in the third 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. Finally, Banco Santander S.A. bought a new stake in shares of SPDR S&P China ETF during the third quarter worth $3,132,000.

SPDR S&P China ETF Stock Performance

Shares of GXC opened at $79.86 on Monday. The stock has a market capitalization of $531.07 million, a price-to-earnings ratio of 9.52 and a beta of 0.84. SPDR S&P China ETF has a 52 week low of $61.43 and a 52 week high of $97.17. The stock has a fifty day moving average of $76.48 and a 200-day moving average of $74.97.

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.