iShares MSCI China Small-Cap ETF (NYSEARCA:ECNS) Stock Falls 0.6% – Here’s What Happened

iShares MSCI China Small-Cap ETF (NYSEARCA:ECNS)’s share price were down 0.6% during mid-day trading on Monday. The company traded as low as $26.61 and last traded at $26.61. Approximately 9,431 shares changed hands during mid-day trading, a decline of 43% from the average daily volume of 16,432 shares. The stock had previously closed at $26.78.

iShares MSCI China Small-Cap ETF Stock Down 1.2%

The stock’s fifty day moving average price is $28.18 and its two-hundred day moving average price is $30.00. The company has a market capitalization of $59.06 million, a PE ratio of 13.30 and a beta of 0.38.

Institutional Trading of 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 acquired a new position in iShares MSCI China Small-Cap ETF (NYSEARCA:ECNS) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 12,310 shares of the company’s stock, valued at approximately $347,000. Citadel Advisors LLC owned about 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.