Global X China Materials ETF (NYSEARCA:CHIM) was down 1.9% on Monday . The company traded as low as $14.06 and last traded at $14.12, approximately 247 shares were traded during mid-day trading. A decline of 62% from the average daily volume of 646 shares. The stock had previously closed at $14.39.
The company’s fifty day moving average is $15.57.
About Global X China Materials ETF (NYSEARCA:CHIM)
Global X China Materials 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 Materials 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 Materials sector of the Chinese economy, as defined by Structured Solutions AG.
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