Global X MSCI China Consumer Discretionary ETF (NYSEARCA:CHIQ) Shares Down 1.6% – What’s Next?

Global X MSCI China Consumer Discretionary ETF (NYSEARCA:CHIQGet Free Report)’s stock price fell 1.6% on Wednesday . The stock traded as low as $16.11 and last traded at $16.11. Approximately 7,918 shares traded hands during trading, a decline of 83% from the average daily volume of 45,875 shares. The stock had previously closed at $16.37.

Global X MSCI China Consumer Discretionary ETF Trading Down 1.6%

The company has a 50 day moving average of $17.45 and a 200-day moving average of $18.32. The firm has a market capitalization of $105.68 million, a P/E ratio of 15.04 and a beta of 0.29.

About Global X MSCI China Consumer Discretionary ETF

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Global X China Consumer ETF (the Fund) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive China Consumer Index (the Underlying Index). The Underlying Index is a free float adjusted, liquidity tested and market capitalization-weighted index that is designed to measure performance of the investable universe of companies in the Consumer sector of the Chinese economy, as defined by Structured Solutions AG. Global X Management Company, LLC serves as the investment adviser to the Fund.

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