Beacon Pointe Advisors LLC Sells 6,761 Shares of SPDR S&P Emerging Asia Pacific ETF $GMF

Beacon Pointe Advisors LLC reduced its stake in shares of SPDR S&P Emerging Asia Pacific ETF (NYSEARCA:GMF) by 21.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,479 shares of the company’s stock after selling 6,761 shares during the quarter. Beacon Pointe Advisors LLC owned 0.89% of SPDR S&P Emerging Asia Pacific ETF worth $3,220,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of GMF. MAI Capital Management increased its holdings in shares of SPDR S&P Emerging Asia Pacific ETF by 1,567.9% during the 1st quarter. MAI Capital Management now owns 1,768 shares of the company’s stock worth $205,000 after purchasing an additional 1,662 shares during the period. K2 Financial Inc. grew its position in SPDR S&P Emerging Asia Pacific ETF by 5.5% during the second quarter. K2 Financial Inc. now owns 2,742 shares of the company’s stock worth $352,000 after buying an additional 142 shares in the last quarter. Creative Planning grew its position in SPDR S&P Emerging Asia Pacific ETF by 12.5% during the second quarter. Creative Planning now owns 7,257 shares of the company’s stock worth $917,000 after buying an additional 806 shares in the last quarter. Flow Traders U.S. LLC bought a new position in SPDR S&P Emerging Asia Pacific ETF during the first quarter valued at about $2,318,000. Finally, Atria Investments Inc increased its stake in SPDR S&P Emerging Asia Pacific ETF by 169.5% during the second quarter. Atria Investments Inc now owns 26,263 shares of the company’s stock valued at $3,320,000 after acquiring an additional 16,518 shares during the period. 47.59% of the stock is currently owned by institutional investors and hedge funds.

SPDR S&P Emerging Asia Pacific ETF Trading Down 0.1%

Shares of GMF stock opened at $138.98 on Friday. The stock has a 50 day moving average of $139.88 and a two-hundred day moving average of $132.63. SPDR S&P Emerging Asia Pacific ETF has a 12 month low of $100.11 and a 12 month high of $144.29. The company has a market capitalization of $382.20 million, a P/E ratio of 16.88 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.