Global X China Consumer ETF (NYSEARCA:CHIQ) Trading 2.9% Higher – Here’s What Happened

Global X China Consumer ETF (NYSEARCA:CHIQ)’s share price was up 2.9% during trading on Tuesday . The stock traded as high as $18.58 and last traded at $18.40. Approximately 31,999 shares were traded during mid-day trading, a decline of 48% from the average daily volume of 61,537 shares. The stock had previously closed at $17.88.

Global X China Consumer ETF Stock Performance

The stock’s fifty day simple moving average is $19.52 and its two-hundred day simple moving average is $18.63. The company has a market capitalization of $249.51 million, a price-to-earnings ratio of 24.41 and a beta of 1.18.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Global X China Consumer ETF stock. Sanctuary Advisors LLC acquired a new stake in shares of Global X China Consumer ETF (NYSEARCA:CHIQ) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 35,554 shares of the company’s stock, valued at approximately $764,000. Sanctuary Advisors LLC owned approximately 0.26% of Global X China Consumer ETF at the end of the most recent quarter.

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.