Global X China Consumer ETF (NYSEARCA:CHIQ) Stock Price Down 0.1%

Global X China Consumer ETF (NYSEARCA:CHIQ)’s stock price was down 0.1% during trading on Monday . The stock traded as low as $16.07 and last traded at $16.14. Approximately 11,871 shares were traded during mid-day trading, a decline of 80% from the average daily volume of 59,541 shares. The stock had previously closed at $16.15.

Global X China Consumer ETF Price Performance

The business has a fifty day moving average of $16.38 and a 200 day moving average of $17.29. The stock has a market cap of $220.26 million, a PE ratio of 24.41 and a beta of 1.18.

Institutional Investors Weigh In On Global X China Consumer ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. OLD Mission Capital LLC raised its holdings in shares of Global X China Consumer ETF by 23.5% during the first quarter. OLD Mission Capital LLC now owns 741,013 shares of the company’s stock worth $12,657,000 after purchasing an additional 140,874 shares during the period. Columbus Macro LLC bought a new stake in shares of Global X China Consumer ETF during the first quarter valued at approximately $967,000. Finally, Cetera Advisors LLC acquired a new position in Global X China Consumer ETF during the 1st quarter worth $232,000.

About Global X China Consumer ETF

Global X China Consumer ETF (the Fund) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive China Consumer Index (the Underlying Index). The Underlying Index is a free float adjusted, liquidity tested and market capitalization-weighted index that is designed to measure performance of the investable universe of companies in the Consumer sector of the Chinese economy, as defined by Structured Solutions AG.