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

Shares of iShares MSCI China A ETF (BATS:CNYA) fell 0.8% during trading on Wednesday. The company 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 session volume of 75,625 shares. The stock had previously closed at $32.10.

iShares MSCI China A ETF Price Performance

The firm has a market capitalization of $227.58 million, a P/E ratio of 14.20 and a beta of 0.33. The company’s 50-day simple moving average is $34.53 and its two-hundred day simple moving average is $35.85.

Institutional Investors Weigh In On iShares MSCI China A ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Fifth Third Bancorp purchased a new stake in shares of iShares MSCI China A ETF in the 1st quarter worth $27,000. Integrated Wealth Concepts LLC bought a new position in iShares MSCI China A ETF in the 2nd quarter worth $178,000. Hsbc Holdings PLC purchased a new position in iShares MSCI China A ETF during the fourth quarter valued at $650,000. Citadel Advisors LLC bought a new stake in iShares MSCI China A ETF during the second quarter valued at about $910,000. Finally, Royal Bank of Canada increased its position in iShares MSCI China A ETF by 2.0% in 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.

iShares MSCI China A ETF Company Profile

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.