Parcion Private Wealth LLC Trims Holdings in SPDR S&P China ETF (NYSEARCA:GXC)

Parcion Private Wealth LLC reduced its stake in shares of SPDR S&P China ETF (NYSEARCA:GXC) by 7.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,174 shares of the company’s stock after selling 437 shares during the period. Parcion Private Wealth LLC owned 0.08% of SPDR S&P China ETF worth $354,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of GXC. OLD Mission Capital LLC purchased a new position in shares of SPDR S&P China ETF during the 1st quarter worth about $19,916,000. Syon Capital LLC acquired a new stake in SPDR S&P China ETF during the 4th quarter worth approximately $13,227,000. Jane Street Group LLC increased its position in SPDR S&P China ETF by 327.5% during the 1st quarter. Jane Street Group LLC now owns 190,015 shares of the company’s stock worth $12,499,000 after purchasing an additional 145,562 shares in the last quarter. Executive Wealth Group LLC increased its position in SPDR S&P China ETF by 200.0% during the 1st quarter. Executive Wealth Group LLC now owns 141,287 shares of the company’s stock worth $9,013,000 after purchasing an additional 94,190 shares in the last quarter. Finally, Bordeaux Wealth Advisors LLC acquired a new stake in SPDR S&P China ETF during the 2nd quarter worth approximately $3,119,000.

SPDR S&P China ETF Stock Performance

GXC traded down $0.79 on Friday, reaching $65.42. 17,977 shares of the company’s stock were exchanged, compared to its average volume of 98,778. The company’s 50 day moving average is $67.68 and its 200-day moving average is $68.57. The company has a market cap of $435.04 million, a price-to-earnings ratio of 9.52 and a beta of 0.84. SPDR S&P China ETF has a twelve month low of $59.45 and a twelve month high of $77.33.

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.