Mittelman Wealth Management Has $1.02 Million Position in SPDR S&P China ETF (NYSEARCA:GXC)

Mittelman Wealth Management grew its position in SPDR S&P China ETF (NYSEARCA:GXC) by 60.4% during the 3rd quarter, HoldingsChannel reports. The firm owned 12,441 shares of the company’s stock after purchasing an additional 4,687 shares during the quarter. SPDR S&P China ETF comprises about 0.6% of Mittelman Wealth Management’s portfolio, making the stock its 13th largest holding. Mittelman Wealth Management’s holdings in SPDR S&P China ETF were worth $1,022,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the company. GSB Wealth Management LLC bought a new stake in shares of SPDR S&P China ETF in the 3rd quarter valued at $75,000. Hantz Financial Services Inc. acquired a new stake in shares of SPDR S&P China ETF during the second quarter worth about $96,000. 4Thought Financial Group Inc. acquired a new stake in shares of SPDR S&P China ETF during the second quarter worth about $109,000. Optimum Investment Advisors lifted its holdings in shares of SPDR S&P China ETF by 11.5% during the 3rd quarter. Optimum Investment Advisors now owns 1,799 shares of the company’s stock valued at $148,000 after purchasing an additional 185 shares in the last quarter. Finally, CoreCap Advisors LLC acquired a new position in shares of SPDR S&P China ETF in the 2nd quarter valued at approximately $333,000.

SPDR S&P China ETF Stock Performance

NYSEARCA GXC opened at $83.74 on Tuesday. The stock has a market cap of $556.87 million, a price-to-earnings ratio of 9.52 and a beta of 0.84. The business has a 50 day simple moving average of $80.62 and a 200 day simple moving average of $73.18. SPDR S&P China ETF has a 52-week low of $59.45 and a 52-week high of $97.17.

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.