Shares of iShares MSCI China A ETF (BATS:CNYA – Get Free Report) dropped 0.8% during mid-day trading on Wednesday. The company traded as low as $31.83 and last traded at $31.83. 7,182 shares traded hands during mid-day 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 Stock Down 0.8%
The company has a market cap of $227.58 million, a P/E ratio of 14.20 and a beta of 0.33. The company has a fifty day moving average of $34.53 and a 200 day moving average of $35.85.
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of the company. Citadel Advisors LLC purchased a new stake in shares of iShares MSCI China A ETF during the 2nd quarter valued at about $910,000. Hsbc Holdings PLC increased its position in shares of iShares MSCI China A ETF by 182.3% during the 1st quarter. Hsbc Holdings PLC now owns 53,030 shares of the company’s stock valued at $1,813,000 after purchasing an additional 34,243 shares during the last quarter. Integrated Wealth Concepts LLC bought a new position in shares of iShares MSCI China A ETF in the 2nd quarter worth approximately $178,000. Royal Bank of Canada lifted its stake in shares of iShares MSCI China A ETF by 2.0% in the 1st quarter. Royal Bank of Canada now owns 71,156 shares of the company’s stock worth $2,433,000 after purchasing an additional 1,418 shares during the period. Finally, Bank of New York Mellon Corp lifted its stake in shares of iShares MSCI China A ETF by 14.1% in the 1st quarter. Bank of New York Mellon Corp now owns 80,493 shares of the company’s stock worth $2,751,000 after purchasing an additional 9,966 shares during the period.
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.
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