iShares MSCI China Small-Cap ETF (NYSEARCA:ECNS) Stock Price Down 1%

iShares MSCI China Small-Cap ETF (NYSEARCA:ECNS)’s share price dropped 1% during trading on Wednesday . The stock traded as low as $22.88 and last traded at $22.92. Approximately 7,978 shares were traded during mid-day trading, a decline of 50% from the average daily volume of 16,065 shares. The stock had previously closed at $23.16.

iShares MSCI China Small-Cap ETF Price Performance

The company has a market capitalization of $50.17 million, a PE ratio of 5.27 and a beta of 0.75. The company’s 50 day simple moving average is $24.74 and its 200 day simple moving average is $24.07.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in iShares MSCI China Small-Cap ETF stock. Spire Wealth Management purchased a new position in shares of iShares MSCI China Small-Cap ETF (NYSEARCA:ECNS) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 1,500 shares of the company’s stock, valued at approximately $36,000. Spire Wealth Management owned approximately 0.07% of iShares MSCI China Small-Cap ETF as of its most recent filing with the Securities and Exchange Commission.

iShares MSCI China Small-Cap ETF Company Profile

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.