Global X China Consumer ETF (NYSEARCA:CHIQ) Shares Up 4.4%

Shares of Global X China Consumer ETF (NYSEARCA:CHIQ) traded up 4.4% during mid-day trading on Tuesday . The company traded as high as $22.50 and last traded at $22.44. 264,938 shares changed hands during mid-day trading, an increase of 320% from the average session volume of 63,102 shares. The stock had previously closed at $21.49.

Global X China Consumer ETF Price Performance

The business has a 50 day simple moving average of $16.74 and a 200 day simple moving average of $17.42. The stock has a market cap of $302.49 million, a PE ratio of 24.41 and a beta of 1.18.

Hedge Funds Weigh In On Global X China Consumer ETF

Institutional investors have recently bought and sold shares of the stock. OLD Mission Capital LLC boosted its holdings 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 valued at $12,657,000 after acquiring an additional 140,874 shares during the period. Columbus Macro LLC acquired a new stake in Global X China Consumer ETF in the 1st quarter valued at approximately $967,000. Finally, Cetera Advisors LLC bought a new position in Global X China Consumer ETF in the 1st quarter worth approximately $232,000.

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.