iShares MSCI China A ETF (BATS:CNYA) Stock Price Up 0.8% – Time to Buy?

iShares MSCI China A ETF (BATS:CNYA)’s stock price shot up 0.8% during trading on Wednesday . The stock traded as high as $30.42 and last traded at $30.12. 83,363 shares changed hands during trading, The stock had previously closed at $29.88.

iShares MSCI China A ETF Trading Up 0.8 %

The company has a market capitalization of $326.80 million, a PE ratio of 12.12 and a beta of 0.44. The stock’s 50-day moving average is $28.44 and its two-hundred day moving average is $26.74.

Institutional Trading of iShares MSCI China A ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Bank of New York Mellon Corp bought a new stake in iShares MSCI China A ETF during the second quarter valued at about $73,737,000. Fisher Asset Management LLC bought a new stake in shares of iShares MSCI China A ETF in the 3rd quarter valued at about $17,202,000. Lumbard & Kellner LLC purchased a new position in shares of iShares MSCI China A ETF in the 1st quarter worth approximately $5,815,000. Matrix Trust Co bought a new position in shares of iShares MSCI China A ETF during the 2nd quarter worth approximately $2,076,000. Finally, Hsbc Holdings PLC lifted its position in iShares MSCI China A ETF by 136.8% during the second quarter. Hsbc Holdings PLC now owns 124,496 shares of the company’s stock valued at $3,153,000 after acquiring an additional 71,921 shares during the last quarter.

iShares MSCI China A ETF Company Profile

The iShares MSCI China A ETF (CNYA) is an exchange-traded fund that is based on the MSCI China A Inclusion index, a market-cap-weighted index of Chinese A-share equities. CNYA was launched on Jun 13, 2016 and is managed by BlackRock.