GSB Wealth Management LLC Makes New $75,000 Investment in SPDR S&P China ETF (NYSEARCA:GXC)

GSB Wealth Management LLC bought a new position in SPDR S&P China ETF (NYSEARCA:GXC) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 914 shares of the company’s stock, valued at approximately $75,000.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Hantz Financial Services Inc. acquired a new stake in shares of SPDR S&P China ETF during the 2nd quarter valued at $96,000. 4Thought Financial Group Inc. acquired a new stake in shares of SPDR S&P China ETF during the 2nd quarter valued at $109,000. Optimum Investment Advisors lifted its position 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 acquiring an additional 185 shares during the last quarter. CoreCap Advisors LLC acquired a new stake in shares of SPDR S&P China ETF during the 2nd quarter valued at $333,000. Finally, Worth Asset Management LLC acquired a new stake in shares of SPDR S&P China ETF during the 2nd quarter valued at $360,000.

SPDR S&P China ETF Stock Performance

Shares of NYSEARCA:GXC opened at $79.89 on Thursday. SPDR S&P China ETF has a one year low of $59.45 and a one year high of $97.17. The stock has a fifty day moving average of $74.84 and a 200-day moving average of $71.65. The company has a market capitalization of $531.27 million, a PE ratio of 9.52 and a beta of 0.84.

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.