Advisory Services Network LLC bought a new position in Global X China Financials ETF (NYSEARCA:CHIX) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 5,900 shares of the company’s stock, valued at approximately $102,000. Advisory Services Network LLC owned about 0.10% of Global X China Financials ETF at the end of the most recent quarter.
Separately, Bank of Montreal Can grew its position in Global X China Financials ETF by 266.7% in the 1st quarter. Bank of Montreal Can now owns 2,750 shares of the company’s stock worth $47,000 after purchasing an additional 2,000 shares during the last quarter.
NYSEARCA CHIX traded up $0.11 on Thursday, hitting $16.25. The stock had a trading volume of 92,243 shares, compared to its average volume of 118,362. The firm’s 50-day simple moving average is $16.14. Global X China Financials ETF has a one year low of $14.29 and a one year high of $18.53.
Global X China Financials ETF (the Fund) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the S-BOX China Financials 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 Financials sector of the Chinese economy, as defined by Structured Solutions AG.
Further Reading: Institutional Investors
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