iShares MSCI China Small-Cap ETF (NYSEARCA:ECNS) Trading Down 1%

iShares MSCI China Small-Cap ETF (NYSEARCA:ECNS) shares fell 1% during mid-day trading on Wednesday . The company traded as low as $22.88 and last traded at $22.92. 7,978 shares changed hands during trading, a decline of 50% from the average session volume of 16,065 shares. The stock had previously closed at $23.16.

iShares MSCI China Small-Cap ETF Price Performance

The firm’s 50-day moving average price is $24.74 and its 200-day moving average price is $24.07. The stock has a market cap of $50.17 million, a P/E ratio of 5.27 and a beta of 0.75.

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

An institutional investor recently bought a new position in iShares MSCI China Small-Cap ETF stock. Spire Wealth Management bought a new position in shares of iShares MSCI China Small-Cap ETF (NYSEARCA:ECNS) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,500 shares of the company’s stock, valued at approximately $36,000. Spire Wealth Management owned about 0.07% of iShares MSCI China Small-Cap ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

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.