Global X MSCI China Consumer Discretionary ETF (NYSEARCA:CHIQ) Stock Price Up 0.2% – Here’s What Happened

Global X MSCI China Consumer Discretionary ETF (NYSEARCA:CHIQ) rose 0.2% during mid-day trading on Thursday . The stock traded as high as $16.49 and last traded at $16.28. Approximately 56,886 shares traded hands during trading, an increase of 6% from the average session volume of 53,792 shares. The stock had previously closed at $16.25.

Global X MSCI China Consumer Discretionary ETF Stock Performance

The business’s 50-day moving average price is $18.32 and its 200 day moving average price is $19.94. The company has a market cap of $116.08 million, a P/E ratio of 15.04 and a beta of 0.31.

Institutional Investors Weigh In On Global X MSCI China Consumer Discretionary ETF

Hedge funds have recently bought and sold shares of the company. Fifth Third Securities Inc. bought a new position in Global X MSCI China Consumer Discretionary ETF during the fourth quarter worth about $348,000. Flow Traders U.S. LLC bought a new stake in Global X MSCI China Consumer Discretionary ETF in the second quarter valued at approximately $306,000. Finally, Goldman Sachs Group Inc. bought a new stake in Global X MSCI China Consumer Discretionary ETF in the first quarter valued at approximately $252,000.

About Global X MSCI China Consumer Discretionary 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. Global X Management Company, LLC serves as the investment adviser to the Fund.