Glenorchy Capital Ltd Invests $7.19 Million in iShares MSCI China Small-Cap ETF $ECNS

Glenorchy Capital Ltd purchased a new stake in shares of iShares MSCI China Small-Cap ETF (NYSEARCA:ECNS) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 182,076 shares of the company’s stock, valued at approximately $7,185,000. iShares MSCI China Small-Cap ETF comprises approximately 1.1% of Glenorchy Capital Ltd’s holdings, making the stock its 5th biggest position. Glenorchy Capital Ltd owned approximately 6.28% of iShares MSCI China Small-Cap ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in ECNS. Flow Traders U.S. LLC raised its position in iShares MSCI China Small-Cap ETF by 274.4% during the second quarter. Flow Traders U.S. LLC now owns 48,960 shares of the company’s stock valued at $1,549,000 after acquiring an additional 35,882 shares in the last quarter. Wealthfront Advisers LLC bought a new position in shares of iShares MSCI China Small-Cap ETF during the 2nd quarter valued at $208,000. Jane Street Group LLC acquired a new stake in shares of iShares MSCI China Small-Cap ETF in the 1st quarter valued at $1,407,000. Finally, CWM LLC boosted its holdings in iShares MSCI China Small-Cap ETF by 84,800.0% in the third quarter. CWM LLC now owns 849 shares of the company’s stock worth $34,000 after purchasing an additional 848 shares in the last quarter.

iShares MSCI China Small-Cap ETF Price Performance

iShares MSCI China Small-Cap ETF stock opened at $35.57 on Friday. iShares MSCI China Small-Cap ETF has a one year low of $22.91 and a one year high of $40.05. The company’s fifty day moving average price is $34.42 and its two-hundred day moving average price is $35.96. The company has a market capitalization of $96.04 million, a price-to-earnings ratio of 13.30 and a beta of 0.40.

About iShares MSCI China Small-Cap ETF

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.