Global X MSCI China Consumer Discretionary ETF (NYSEARCA:CHIQ) Shares Down 1.6% – Time to Sell?

Global X MSCI China Consumer Discretionary ETF (NYSEARCA:CHIQGet Free Report) fell 1.6% during mid-day trading on Wednesday . The company traded as low as $16.11 and last traded at $16.11. 7,918 shares were traded 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 Stock Performance

The firm has a market cap of $105.68 million, a P/E ratio of 15.04 and a beta of 0.29. The firm’s fifty day moving average is $17.45 and its 200 day moving average is $18.32.

About Global X MSCI China Consumer Discretionary ETF

(Get Free Report)

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.

Further Reading

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