iShares MSCI China A ETF (BATS:CNYA) Stock Falls 0.8% – Here’s Why

iShares MSCI China A ETF (BATS:CNYA)’s share price were down 0.8% on Wednesday. The stock traded as low as $31.83 and last traded at $31.83. 7,182 shares traded hands during trading, a decline of 91% from the average daily volume of 75,625 shares. The stock had previously closed at $32.10.

iShares MSCI China A ETF Trading Up 0.9%

The company has a market capitalization of $224.98 million, a PE ratio of 14.20 and a beta of 0.33. The business’s 50-day simple moving average is $34.43 and its 200-day simple moving average is $35.83.

Hedge Funds Weigh In On iShares MSCI China A ETF

Large investors have recently bought and sold shares of the business. Integrated Wealth Concepts LLC acquired a new stake in shares of iShares MSCI China A ETF during the second quarter worth $178,000. Citadel Advisors LLC acquired a new stake in shares of iShares MSCI China A ETF during the second quarter valued at $910,000. Royal Bank of Canada grew its holdings in shares of iShares MSCI China A ETF by 2.0% during the first quarter. Royal Bank of Canada now owns 71,156 shares of the company’s stock worth $2,433,000 after buying an additional 1,418 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in iShares MSCI China A ETF by 14.1% in the first quarter. Bank of New York Mellon Corp now owns 80,493 shares of the company’s stock valued at $2,751,000 after purchasing an additional 9,966 shares during the period. Finally, Fifth Third Bancorp acquired a new stake in shares of iShares MSCI China A ETF in the first quarter worth $27,000.

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.