Global X China Consumer ETF (NYSEARCA:CHIQ) Stock Price Down 1.7%

Global X China Consumer ETF (NYSEARCA:CHIQ) shares were down 1.7% during trading on Tuesday . The stock traded as low as $18.93 and last traded at $19.00. Approximately 55,798 shares traded hands during mid-day trading, a decline of 12% from the average daily volume of 63,189 shares. The stock had previously closed at $19.33.

Global X China Consumer ETF Stock Performance

The stock has a 50-day moving average of $17.44 and a 200 day moving average of $17.19. The firm has a market capitalization of $256.12 million, a P/E ratio of 24.41 and a beta of 1.18.

Institutional Trading of Global X China Consumer ETF

Several large investors have recently made changes to their positions in CHIQ. Banque Cantonale Vaudoise raised its holdings in shares of Global X China Consumer ETF by 96.7% in the third quarter. Banque Cantonale Vaudoise now owns 3,000 shares of the company’s stock valued at $55,000 after buying an additional 1,475 shares during the last quarter. Stratos Wealth Partners LTD. grew its holdings in Global X China Consumer ETF by 4.2% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 34,984 shares of the company’s stock worth $644,000 after acquiring an additional 1,406 shares during the last quarter. Finally, Columbus Macro LLC acquired a new stake in Global X China Consumer ETF in the 1st quarter valued at about $967,000.

About Global X China Consumer ETF

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.