Vev China Growth Leaders Etf (NYSEARCA:PEK) Stock Price Down 2%

Vev China Growth Leaders Etf (NYSEARCA:PEK)’s share price dropped 2% during mid-day trading on Thursday . The company traded as low as $36.05 and last traded at $36.05, approximately 6,600 shares traded hands during mid-day trading. A decline of 75% from the average daily volume of 26,173 shares. The stock had previously closed at $36.79.

The company’s fifty day simple moving average is $35.97 and its 200 day simple moving average is $38.64.

A hedge fund recently raised its stake in Vev China Growth Leaders Etf stock. UBS Group AG boosted its holdings in Vev China Growth Leaders Etf (NYSEARCA:PEK) by 609.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,206 shares of the company’s stock after buying an additional 19,077 shares during the period. UBS Group AG owned approximately 2.11% of Vev China Growth Leaders Etf worth $770,000 as of its most recent filing with the Securities and Exchange Commission.

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