SPDR S&P China ETF (NYSEARCA:GXC) Hits New 52-Week High at $88.23

SPDR S&P China ETF (NYSEARCA:GXC)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $88.23 and last traded at $88.23, with a volume of 5086 shares trading hands. The stock had previously closed at $84.84.

SPDR S&P China ETF Price Performance

The company has a market capitalization of $596.17 million, a price-to-earnings ratio of 9.52 and a beta of 0.84. The stock has a 50-day moving average price of $67.92 and a 200-day moving average price of $69.12.

Institutional Trading of SPDR S&P China ETF

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