SPDR S&P Emerging Asia Pacific ETF (NYSEARCA:GMF) Stock Price Down 0.2% – Time to Sell?

SPDR S&P Emerging Asia Pacific ETF (NYSEARCA:GMF) fell 0.2% during mid-day trading on Monday . The stock traded as low as $114.36 and last traded at $115.66. 3,528 shares traded hands during trading, a decline of 74% from the average session volume of 13,509 shares. The stock had previously closed at $115.89.

SPDR S&P Emerging Asia Pacific ETF Trading Up 0.4 %

The stock’s 50-day moving average price is $117.13 and its 200-day moving average price is $118.36. The company has a market cap of $354.59 million, a P/E ratio of 16.28 and a beta of 0.56.

Institutional Investors Weigh In On SPDR S&P Emerging Asia Pacific ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Kohmann Bosshard Financial Services LLC bought a new position in SPDR S&P Emerging Asia Pacific ETF during the 4th quarter valued at $28,000. Bank of Montreal Can grew its position in SPDR S&P Emerging Asia Pacific ETF by 801.5% in the 4th quarter. Bank of Montreal Can now owns 586 shares of the company’s stock worth $68,000 after purchasing an additional 521 shares in the last quarter. Rialto Wealth Management LLC purchased a new position in shares of SPDR S&P Emerging Asia Pacific ETF in the 4th quarter worth approximately $109,000. SBI Securities Co. Ltd. purchased a new stake in shares of SPDR S&P Emerging Asia Pacific ETF during the fourth quarter valued at approximately $124,000. Finally, MML Investors Services LLC purchased a new stake in shares of SPDR S&P Emerging Asia Pacific ETF during the third quarter valued at approximately $221,000.

SPDR S&P Emerging Asia Pacific ETF Company Profile

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.