Global X China Consumer ETF (NYSEARCA:CHIQ) Trading 4.4% Higher

Global X China Consumer ETF (NYSEARCA:CHIQ)’s stock price rose 4.4% on Tuesday . The company traded as high as $22.50 and last traded at $22.44. Approximately 264,938 shares were traded during trading, an increase of 320% from the average daily volume of 63,102 shares. The stock had previously closed at $21.49.

Global X China Consumer ETF Trading Up 4.4 %

The company has a market capitalization of $302.49 million, a P/E ratio of 24.41 and a beta of 1.18. The firm’s 50 day moving average price is $16.74 and its two-hundred day moving average price is $17.42.

Hedge Funds Weigh In On Global X China Consumer ETF

A number of large investors have recently modified their holdings of CHIQ. Cetera Advisors LLC bought a new stake in shares of Global X China Consumer ETF during the 1st quarter worth approximately $232,000. Columbus Macro LLC acquired a new position in Global X China Consumer ETF during the first quarter worth $967,000. Finally, OLD Mission Capital LLC raised its position in Global X China Consumer ETF by 23.5% during the first quarter. OLD Mission Capital LLC now owns 741,013 shares of the company’s stock worth $12,657,000 after acquiring an additional 140,874 shares in the last quarter.

Global X China Consumer ETF Company Profile

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.