iShares MSCI China Small-Cap ETF (NYSEARCA:ECNS) Trading Down 0.2% – What’s Next?

iShares MSCI China Small-Cap ETF (NYSEARCA:ECNS) were down 0.2% during trading on Friday . The stock traded as low as $31.32 and last traded at $31.65. Approximately 25,348 shares were traded during trading, an increase of 9% from the average daily volume of 23,162 shares. The stock had previously closed at $31.72.

iShares MSCI China Small-Cap ETF Stock Performance

The stock has a market cap of $77.54 million, a P/E ratio of 13.30 and a beta of 0.40. The firm’s 50 day moving average is $33.30 and its 200 day moving average is $34.36.

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

Hedge funds and other institutional investors have recently made changes to their positions in the business. 4Thought Financial Group Inc. lifted its holdings in shares of iShares MSCI China Small-Cap ETF by 63.8% during the 4th quarter. 4Thought Financial Group Inc. now owns 888 shares of the company’s stock valued at $29,000 after acquiring an additional 346 shares in the last quarter. Wealthfront Advisers LLC lifted its holdings in shares of iShares MSCI China Small-Cap ETF by 27.7% during the 3rd quarter. Wealthfront Advisers LLC now owns 8,394 shares of the company’s stock valued at $331,000 after acquiring an additional 1,820 shares in the last quarter. Citadel Advisors LLC acquired a new stake in iShares MSCI China Small-Cap ETF in the third quarter valued at approximately $502,000. JPMorgan Chase & Co. acquired a new stake in iShares MSCI China Small-Cap ETF in the third quarter valued at approximately $1,184,000. Finally, Jane Street Group LLC acquired a new stake in iShares MSCI China Small-Cap ETF in the first quarter valued at approximately $1,407,000.

About iShares MSCI China Small-Cap ETF

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.