iShares MSCI China Small-Cap ETF (NYSEARCA:ECNS) Trading 0.5% Higher – Still a Buy?

iShares MSCI China Small-Cap ETF (NYSEARCA:ECNS)’s stock price shot up 0.5% on Monday . The stock traded as high as $34.80 and last traded at $34.69. 29,223 shares changed hands during trading, an increase of 32% from the average session volume of 22,148 shares. The stock had previously closed at $34.52.

iShares MSCI China Small-Cap ETF Trading Up 0.5%

The stock has a 50 day simple moving average of $30.61 and a 200 day simple moving average of $28.08. The firm has a market capitalization of $78.05 million, a PE ratio of 13.30 and a beta of 0.51.

Institutional Trading of iShares MSCI China Small-Cap ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ECNS. Jane Street Group LLC acquired a new stake in iShares MSCI China Small-Cap ETF in the 1st quarter worth about $1,407,000. Flow Traders U.S. LLC bought a new stake in iShares MSCI China Small-Cap ETF in the first quarter worth approximately $363,000. Finally, OLD Mission Capital LLC bought a new position in shares of iShares MSCI China Small-Cap ETF during the 1st quarter worth approximately $348,000.

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.