Meitav Investment House Ltd. Grows Stock Holdings in iShares MSCI China ETF $MCHI

Meitav Investment House Ltd. boosted its position in iShares MSCI China ETF (NASDAQ:MCHI) by 0.4% in the 2nd quarter, Holdings Channel reports. The fund owned 2,601,233 shares of the company’s stock after purchasing an additional 9,972 shares during the period. iShares MSCI China ETF makes up about 2.2% of Meitav Investment House Ltd.’s investment portfolio, making the stock its 12th biggest position. Meitav Investment House Ltd.’s holdings in iShares MSCI China ETF were worth $143,385,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Greenwood Capital Associates LLC grew its stake in shares of iShares MSCI China ETF by 5.1% during the 2nd quarter. Greenwood Capital Associates LLC now owns 81,791 shares of the company’s stock valued at $4,507,000 after buying an additional 3,977 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of iShares MSCI China ETF by 46.6% during the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 413,377 shares of the company’s stock valued at $22,777,000 after buying an additional 131,346 shares during the period. Union Bancaire Privee UBP SA grew its stake in shares of iShares MSCI China ETF by 32.1% during the 2nd quarter. Union Bancaire Privee UBP SA now owns 3,579 shares of the company’s stock valued at $197,000 after buying an additional 870 shares during the period. V Square Quantitative Management LLC purchased a new stake in shares of iShares MSCI China ETF during the 2nd quarter valued at $368,000. Finally, GAMMA Investing LLC grew its stake in shares of iShares MSCI China ETF by 3.2% during the 2nd quarter. GAMMA Investing LLC now owns 161,749 shares of the company’s stock valued at $8,912,000 after buying an additional 4,966 shares during the period.

iShares MSCI China ETF Stock Up 0.1%

Shares of NASDAQ MCHI opened at $66.64 on Tuesday. iShares MSCI China ETF has a 52-week low of $43.70 and a 52-week high of $67.37. The firm has a fifty day moving average of $61.77 and a 200-day moving average of $56.58. The stock has a market capitalization of $8.60 billion, a PE ratio of 13.11 and a beta of 0.49.

iShares MSCI China ETF Company 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.