Hsbc Holdings PLC grew its holdings in shares of iShares MSCI China ETF (NASDAQ:MCHI – Free Report) by 210.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 72,233 shares of the company’s stock after buying an additional 48,949 shares during the period. Hsbc Holdings PLC’s holdings in iShares MSCI China ETF were worth $4,339,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds have also made changes to their positions in MCHI. Fort Sheridan Advisors LLC grew its holdings in iShares MSCI China ETF by 5.2% in the fourth quarter. Fort Sheridan Advisors LLC now owns 3,397 shares of the company’s stock valued at $204,000 after purchasing an additional 168 shares during the last quarter. Banque Cantonale Vaudoise raised its stake in shares of iShares MSCI China ETF by 11.2% during the 4th quarter. Banque Cantonale Vaudoise now owns 1,777 shares of the company’s stock worth $107,000 after buying an additional 179 shares during the last quarter. Bank of Nova Scotia raised its stake in shares of iShares MSCI China ETF by 1.5% during the 2nd quarter. Bank of Nova Scotia now owns 17,052 shares of the company’s stock worth $939,000 after buying an additional 246 shares during the last quarter. IHT Wealth Management LLC boosted its position in shares of iShares MSCI China ETF by 2.2% in the 2nd quarter. IHT Wealth Management LLC now owns 13,101 shares of the company’s stock worth $722,000 after buying an additional 277 shares in the last quarter. Finally, New England Private Wealth Advisors LLC boosted its position in shares of iShares MSCI China ETF by 1.2% in the 4th quarter. New England Private Wealth Advisors LLC now owns 23,441 shares of the company’s stock worth $1,408,000 after buying an additional 281 shares in the last quarter.
iShares MSCI China ETF Trading Up 0.6%
Shares of NASDAQ MCHI opened at $53.19 on Friday. The stock has a market cap of $6.12 billion, a price-to-earnings ratio of 13.11 and a beta of 0.33. iShares MSCI China ETF has a 52 week low of $49.88 and a 52 week high of $67.37. The company’s 50-day moving average price is $54.70 and its 200 day moving average price is $57.84.
iShares MSCI China ETF Announces Dividend
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. Securities are weighted based on the total market value of their shares so that securities with higher total market values generally have a higher representation in the index.
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