Zacks Investment Management Lowers Stock Position in SPDR S&P China ETF (NYSEARCA:GXC)

Zacks Investment Management decreased its holdings in shares of SPDR S&P China ETF (NYSEARCA:GXC) by 7.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 42,041 shares of the company’s stock after selling 3,434 shares during the period. Zacks Investment Management’s holdings in SPDR S&P China ETF were worth $3,190,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of GXC. JPMorgan Chase & Co. boosted its stake in shares of SPDR S&P China ETF by 424.4% in the fourth quarter. JPMorgan Chase & Co. now owns 4,122 shares of the company’s stock valued at $313,000 after buying an additional 3,336 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of SPDR S&P China ETF by 4.7% during the 4th quarter. Envestnet Asset Management Inc. now owns 5,550 shares of the company’s stock worth $421,000 after purchasing an additional 247 shares in the last quarter. Private Advisor Group LLC acquired a new position in shares of SPDR S&P China ETF during the 4th quarter worth $488,000. Tradewinds Capital Management LLC purchased a new position in shares of SPDR S&P China ETF in the 4th quarter valued at about $709,000. Finally, Avestar Capital LLC acquired a new stake in shares of SPDR S&P China ETF in the fourth quarter valued at about $756,000.

SPDR S&P China ETF Trading Up 0.0 %

Shares of GXC opened at $78.10 on Friday. SPDR S&P China ETF has a twelve month low of $64.69 and a twelve month high of $97.17. The firm has a market capitalization of $425.65 million, a P/E ratio of 13.90 and a beta of 0.36. The firm’s 50-day moving average is $84.45 and its two-hundred day moving average is $80.61.

About SPDR S&P China ETF

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.