SPDR S&P China ETF (NYSEARCA:GXC) Sees Unusually-High Trading Volume

Shares of SPDR S&P China ETF (NYSEARCA:GXC) saw an uptick in trading volume on Friday . 66,824 shares were traded during trading, a decline of 31% from the previous session’s volume of 96,638 shares.The stock last traded at $81.48 and had previously closed at $79.57.

SPDR S&P China ETF Stock Performance

The business has a fifty day moving average of $67.66 and a two-hundred day moving average of $69.00. The firm has a market capitalization of $538.98 million, a price-to-earnings ratio of 9.52 and a beta of 0.84.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Virtu Financial LLC bought a new position in SPDR S&P China ETF during the 1st quarter worth $562,000. Mittelman Wealth Management increased its position in SPDR S&P China ETF by 5.2% during the second quarter. Mittelman Wealth Management now owns 7,754 shares of the company’s stock worth $531,000 after acquiring an additional 382 shares during the period. Parallel Advisors LLC raised its stake in SPDR S&P China ETF by 92.2% in the 4th quarter. Parallel Advisors LLC now owns 2,728 shares of the company’s stock worth $186,000 after purchasing an additional 1,309 shares in the last quarter. Trexquant Investment LP bought a new stake in SPDR S&P China ETF in the 4th quarter valued at about $239,000. Finally, Syon Capital LLC bought a new stake in SPDR S&P China ETF in the 4th quarter valued at about $13,227,000.

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.