iShares MSCI China A ETF (BATS:CNYA) Trading 1.5% Higher – Time to Buy?

iShares MSCI China A ETF (BATS:CNYA)’s stock price shot up 1.5% during mid-day trading on Monday . The stock traded as high as $36.71 and last traded at $36.64. 20,170 shares changed hands during mid-day trading, a decline of 76% from the average daily volume of 85,379 shares. The stock had previously closed at $36.09.

iShares MSCI China A ETF Stock Up 1.5%

The firm has a market cap of $261.98 million, a price-to-earnings ratio of 14.20 and a beta of 0.33. The business has a 50 day moving average of $36.47 and a 200 day moving average of $36.10.

Institutional Investors Weigh In On iShares MSCI China A ETF

Hedge funds have recently modified their holdings of the company. Fifth Third Bancorp purchased a new stake in shares of iShares MSCI China A ETF during the first quarter worth about $27,000. Kestra Advisory Services LLC purchased a new position in shares of iShares MSCI China A ETF during the fourth quarter valued at approximately $39,000. Osaic Holdings Inc. lifted its stake in shares of iShares MSCI China A ETF by 437.8% during the second quarter. Osaic Holdings Inc. now owns 2,748 shares of the company’s stock valued at $79,000 after buying an additional 2,237 shares during the period. Raymond James Financial Inc. acquired a new stake in iShares MSCI China A ETF in the 2nd quarter worth about $101,000. Finally, Blair William & Co. IL boosted its position in shares of iShares MSCI China A ETF by 419.4% in the fourth quarter. Blair William & Co. IL now owns 5,573 shares of the company’s stock worth $193,000 after acquiring an additional 4,500 shares during the last quarter.

About iShares MSCI China A ETF

The iShares MSCI China A ETF (CNYA) is an exchange-traded fund that is based on the MSCI China A Inclusion index, a market-cap-weighted index of Chinese A-share equities. CNYA was launched on Jun 13, 2016 and is managed by BlackRock.