MONECO Advisors LLC Acquires Shares of 4,380 SPDR S&P China ETF (NYSEARCA:GXC)

MONECO Advisors LLC bought a new position in SPDR S&P China ETF (NYSEARCA:GXC) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 4,380 shares of the company’s stock, valued at approximately $298,000.

Other institutional investors also recently modified their holdings of the company. Parallel Advisors LLC raised 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 buying an additional 1,309 shares during the period. Upper Left Wealth Management LLC purchased a new stake in SPDR S&P China ETF during the fourth quarter valued at about $239,000. Trexquant Investment LP bought a new position in SPDR S&P China ETF during the fourth quarter worth about $239,000. Mather Group LLC. bought a new stake in SPDR S&P China ETF during the 4th quarter worth approximately $242,000. Finally, Cary Street Partners Asset Management LLC purchased a new stake in SPDR S&P China ETF in the 4th quarter worth approximately $383,000.

SPDR S&P China ETF Trading Up 0.7 %

Shares of GXC traded up $0.52 during mid-day trading on Monday, reaching $71.43. 6,306 shares of the stock traded hands, compared to its average volume of 123,153. The company has a market cap of $475.01 million, a price-to-earnings ratio of 9.52 and a beta of 0.84. SPDR S&P China ETF has a 1 year low of $59.45 and a 1 year high of $81.72. The firm has a fifty day moving average price of $70.94 and a 200 day moving average price of $67.25.

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.