iShares MSCI China Small-Cap ETF (NYSEARCA:ECNS) Shares Up 0.1% – Should You Buy?

iShares MSCI China Small-Cap ETF (NYSEARCA:ECNS)’s stock price shot up 0.1% on Monday. The stock traded as high as $27.52 and last traded at $27.52. 2,521 shares were traded during trading, a decline of 85% from the average session volume of 17,020 shares. The stock had previously closed at $27.48.

iShares MSCI China Small-Cap ETF Trading Up 1.3%

The firm’s fifty day moving average price is $28.71 and its 200-day moving average price is $30.61. The firm has a market cap of $62.69 million, a price-to-earnings ratio of 13.30 and a beta of 0.39.

Hedge Funds Weigh In On iShares MSCI China Small-Cap ETF

A hedge fund recently bought a new position in iShares MSCI China Small-Cap ETF stock. Citadel Advisors LLC acquired a new position in shares of iShares MSCI China Small-Cap ETF (NYSEARCA:ECNS) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 12,310 shares of the company’s stock, valued at approximately $347,000. Citadel Advisors LLC owned about 0.55% of iShares MSCI China Small-Cap ETF as of its most recent filing with the Securities & Exchange Commission.

iShares MSCI China Small-Cap ETF Company Profile

The iShares MSCI China Small-Cap ETF (ECNS) is an exchange-traded fund that is based on the MSCI China Small Cap index. The fund tracks an index of small-cap Chinese securities. The fund covers roughly the bottom 14% of Chinese securities by market cap. ECNS was launched on Sep 28, 2010 and is managed by BlackRock.