SPDR S&P Emerging Asia Pacific ETF (NYSEARCA:GMF) Shares Down 0.7% – Time to Sell?

SPDR S&P Emerging Asia Pacific ETF (NYSEARCA:GMF)’s stock price fell 0.7% on Monday . The company traded as low as $148.20 and last traded at $148.45. 4,347 shares changed hands during mid-day trading, a decline of 55% from the average session volume of 9,730 shares. The stock had previously closed at $149.56.

SPDR S&P Emerging Asia Pacific ETF Price Performance

The business’s 50 day moving average price is $143.55 and its 200 day moving average price is $139.69. The stock has a market capitalization of $400.82 million, a P/E ratio of 16.88 and a beta of 0.49.

Hedge Funds Weigh In On SPDR S&P Emerging Asia Pacific ETF

Several institutional investors have recently made changes to their positions in the business. Osaic Holdings Inc. grew its position in shares of SPDR S&P Emerging Asia Pacific ETF by 20.6% during the 2nd quarter. Osaic Holdings Inc. now owns 744 shares of the company’s stock valued at $94,000 after acquiring an additional 127 shares during the period. Kohmann Bosshard Financial Services LLC bought a new stake in SPDR S&P Emerging Asia Pacific ETF during the fourth quarter valued at about $34,000. K2 Financial Inc. grew its holdings in SPDR S&P Emerging Asia Pacific ETF by 10.8% during the third quarter. K2 Financial Inc. now owns 3,038 shares of the company’s stock valued at $423,000 after purchasing an additional 296 shares during the period. HighTower Advisors LLC increased its position in SPDR S&P Emerging Asia Pacific ETF by 2.1% in the fourth quarter. HighTower Advisors LLC now owns 16,552 shares of the company’s stock worth $2,297,000 after buying an additional 340 shares in the last quarter. Finally, National Bank of Canada FI increased its position in SPDR S&P Emerging Asia Pacific ETF by 524.7% in the third quarter. National Bank of Canada FI now owns 531 shares of the company’s stock worth $74,000 after buying an additional 446 shares in the last quarter. Institutional investors own 47.59% of the company’s stock.

SPDR S&P Emerging Asia Pacific ETF Company Profile