Global X China Financials ETF (NYSEARCA:CHIX) Trading Up 0.1%

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Global X China Financials ETF (NYSEARCA:CHIX)’s stock price was up 0.1% on Wednesday . The company traded as high as $16.17 and last traded at $16.17, approximately 1,449 shares changed hands during mid-day trading. A decline of 99% from the average daily volume of 119,110 shares. The stock had previously closed at $16.15.

The firm’s 50-day simple moving average is $16.12.

Hedge funds and other institutional investors have recently made changes to their positions in the business. Bank of Montreal Can boosted its position in Global X China Financials ETF by 266.7% during the 1st quarter. Bank of Montreal Can now owns 2,750 shares of the company’s stock worth $47,000 after acquiring an additional 2,000 shares during the period. Advisory Services Network LLC acquired a new stake in Global X China Financials ETF during the 1st quarter worth about $102,000. Finally, AdvisorNet Financial Inc acquired a new stake in Global X China Financials ETF during the 2nd quarter worth about $31,000.

Global X China Financials ETF Company Profile (NYSEARCA:CHIX)

Global X China Financials ETF (the Fund) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the S-BOX China Financials 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 Financials sector of the Chinese economy, as defined by Structured Solutions AG.

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