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

iShares MSCI China Small-Cap ETF (NYSEARCA:ECNS) shares traded up 0.1% during trading on Monday. The company traded as high as $27.52 and last traded at $27.52. Approximately 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 Price Performance

The stock has a market cap of $61.92 million, a P/E ratio of 13.30 and a beta of 0.39. The firm’s fifty day moving average price is $28.73 and its two-hundred day moving average price is $30.65.

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

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.