iShares MSCI China A ETF (BATS:CNYA) Shares Up 0.8% – Should You Buy?

iShares MSCI China A ETF (BATS:CNYA)’s share price traded 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 firm’s fifty day moving average price is $28.44 and its two-hundred day moving average price is $26.74. The stock has a market capitalization of $326.80 million, a PE ratio of 12.12 and a beta of 0.44.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CNYA. Cantor Fitzgerald Investment Advisors L.P. boosted its stake in iShares MSCI China A ETF by 21.4% during the second quarter. Cantor Fitzgerald Investment Advisors L.P. now owns 54,708 shares of the company’s stock worth $1,386,000 after buying an additional 9,629 shares during the last quarter. Rhumbline Advisers grew its holdings in shares of iShares MSCI China A ETF by 25.3% in the second quarter. Rhumbline Advisers now owns 55,660 shares of the company’s stock valued at $1,410,000 after purchasing an additional 11,250 shares during the period. Matrix Trust Co acquired a new stake in iShares MSCI China A ETF during the second quarter worth about $2,076,000. Hsbc Holdings PLC raised its stake 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 worth $3,153,000 after purchasing an additional 71,921 shares during the period. Finally, American International Group Inc. boosted its holdings in iShares MSCI China A ETF by 7.2% in the 1st quarter. American International Group Inc. now owns 136,900 shares of the company’s stock valued at $3,553,000 after purchasing an additional 9,201 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.