Magnolia Capital Management Ltd. Buys 2,200 Shares of SPDR S&P Emerging Asia Pacific ETF (NYSEARCA:GMF)

Magnolia Capital Management Ltd. lifted its stake in shares of SPDR S&P Emerging Asia Pacific ETF (NYSEARCA:GMF) by 32.5% in the first quarter, according to its most recent filing with the SEC. The fund owned 8,965 shares of the company’s stock after acquiring an additional 2,200 shares during the period. SPDR S&P Emerging Asia Pacific ETF makes up 0.9% of Magnolia Capital Management Ltd.’s investment portfolio, making the stock its 20th biggest position. Magnolia Capital Management Ltd. owned about 0.29% of SPDR S&P Emerging Asia Pacific ETF worth $1,037,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in the stock. Kohmann Bosshard Financial Services LLC bought a new stake in SPDR S&P Emerging Asia Pacific ETF in the fourth quarter worth $28,000. Bank of Montreal Can lifted its stake in SPDR S&P Emerging Asia Pacific ETF by 801.5% in the fourth quarter. Bank of Montreal Can now owns 586 shares of the company’s stock worth $68,000 after purchasing an additional 521 shares during the last quarter. Rialto Wealth Management LLC bought a new stake in SPDR S&P Emerging Asia Pacific ETF in the fourth quarter worth $109,000. SBI Securities Co. Ltd. bought a new stake in SPDR S&P Emerging Asia Pacific ETF in the fourth quarter worth $124,000. Finally, Waverly Advisors LLC bought a new stake in SPDR S&P Emerging Asia Pacific ETF in the fourth quarter worth $234,000.

SPDR S&P Emerging Asia Pacific ETF Stock Down 1.0%

SPDR S&P Emerging Asia Pacific ETF stock opened at $120.73 on Thursday. The firm has a fifty day simple moving average of $115.05 and a two-hundred day simple moving average of $116.34. SPDR S&P Emerging Asia Pacific ETF has a twelve month low of $100.11 and a twelve month high of $130.43. The company has a market capitalization of $350.12 million, a PE ratio of 15.56 and a beta of 0.49.

About SPDR S&P Emerging Asia Pacific ETF

SPDR S&P Emerging Asia Pacific ETF (the Fund) seeks to closely match the returns and characteristics of the total return performance of the S&P Asia Pacific Emerging BMI Index (the Index). The Index is a market capitalization-weighted index that defines and measures the investable universe of publicly traded companies domiciled in emerging Asian Pacific markets.