Syon Capital LLC Cuts Stock Holdings in iShares MSCI China ETF (NASDAQ:MCHI)

Syon Capital LLC trimmed its stake in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 91.2% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 47,768 shares of the company’s stock after selling 496,968 shares during the period. Syon Capital LLC’s holdings in iShares MSCI China ETF were worth $1,946,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Yousif Capital Management LLC lifted its position in iShares MSCI China ETF by 0.3% during the fourth quarter. Yousif Capital Management LLC now owns 136,945 shares of the company’s stock valued at $5,579,000 after purchasing an additional 350 shares during the last quarter. GAMMA Investing LLC bought a new position in iShares MSCI China ETF during the fourth quarter valued at $529,000. Kelman Lazarov Inc. lifted its position in iShares MSCI China ETF by 2.4% during the fourth quarter. Kelman Lazarov Inc. now owns 26,083 shares of the company’s stock valued at $1,063,000 after purchasing an additional 618 shares during the last quarter. CWM LLC lifted its position in iShares MSCI China ETF by 359.1% during the fourth quarter. CWM LLC now owns 2,176 shares of the company’s stock valued at $89,000 after purchasing an additional 1,702 shares during the last quarter. Finally, Forte Asset Management LLC bought a new position in iShares MSCI China ETF during the fourth quarter valued at $1,242,000.

iShares MSCI China ETF Stock Performance

MCHI stock traded up $0.80 during trading on Friday, hitting $42.35. 3,653,419 shares of the company’s stock traded hands, compared to its average volume of 4,167,310. iShares MSCI China ETF has a 52 week low of $35.58 and a 52 week high of $49.94. The business has a fifty day simple moving average of $39.77 and a 200 day simple moving average of $40.33. The stock has a market capitalization of $5.01 billion, a price-to-earnings ratio of 9.70 and a beta of 0.90.

iShares MSCI China ETF Profile

iShares MSCI China ETF, formerly iShares MSCI China Index Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond to the price and yield performance, of the MSCI China Index (the Underlying Index). The Fund is designed to measure the performance of the top 85% of equity securities by market capitalization in the Chinese equity markets.