Wealthfront Advisers LLC Acquires 5,731 Shares of SPDR S&P China ETF $GXC

Wealthfront Advisers LLC grew its holdings in SPDR S&P China ETF (NYSEARCA:GXC) by 72.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 13,594 shares of the company’s stock after acquiring an additional 5,731 shares during the quarter. Wealthfront Advisers LLC owned 0.27% of SPDR S&P China ETF worth $1,316,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of GXC. Qube Research & Technologies Ltd boosted its position in shares of SPDR S&P China ETF by 136.1% in the second quarter. Qube Research & Technologies Ltd now owns 491 shares of the company’s stock valued at $43,000 after acquiring an additional 283 shares during the period. Harbor Investment Advisory LLC bought a new stake in shares of SPDR S&P China ETF in the third quarter valued at about $105,000. Raymond James Financial Inc. bought a new stake in shares of SPDR S&P China ETF in the second quarter valued at about $122,000. Russell Investments Group Ltd. bought a new stake in shares of SPDR S&P China ETF in the third quarter valued at about $144,000. Finally, Northwestern Mutual Wealth Management Co. bought a new stake in shares of SPDR S&P China ETF in the third quarter valued at about $149,000.

SPDR S&P China ETF Stock Performance

Shares of SPDR S&P China ETF stock opened at $96.34 on Monday. The firm has a 50-day moving average of $95.36 and a 200-day moving average of $98.84. The stock has a market cap of $486.52 million, a PE ratio of 12.97 and a beta of 0.36. SPDR S&P China ETF has a 52-week low of $83.17 and a 52-week high of $107.01.

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. The Index is float adjusted, meaning that only those shares publicly available to investors are included in the Index calculation. The Fund uses a passive management strategy designed to track the price and yield performance of the Index.