IMC Chicago LLC bought a new position in shares of iShares MSCI China ETF (NASDAQ:MCHI – Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 35,544 shares of the company’s stock, valued at approximately $1,997,000.
Several other large investors have also recently bought and sold shares of MCHI. Fort Sheridan Advisors LLC increased its position in shares of iShares MSCI China ETF by 5.2% during the 4th quarter. Fort Sheridan Advisors LLC now owns 3,397 shares of the company’s stock worth $204,000 after purchasing an additional 168 shares during the last quarter. Banque Cantonale Vaudoise boosted its holdings in shares of iShares MSCI China ETF by 11.2% in the 4th quarter. Banque Cantonale Vaudoise now owns 1,777 shares of the company’s stock valued at $107,000 after buying an additional 179 shares during the last quarter. Bank of Nova Scotia grew its stake in shares of iShares MSCI China ETF by 1.5% in the second quarter. Bank of Nova Scotia now owns 17,052 shares of the company’s stock valued at $939,000 after buying an additional 246 shares in the last quarter. IHT Wealth Management LLC increased its holdings in iShares MSCI China ETF by 2.2% during the second quarter. IHT Wealth Management LLC now owns 13,101 shares of the company’s stock worth $722,000 after buying an additional 277 shares during the last quarter. Finally, New England Private Wealth Advisors LLC raised its position in iShares MSCI China ETF by 1.2% during the fourth quarter. New England Private Wealth Advisors LLC now owns 23,441 shares of the company’s stock worth $1,408,000 after acquiring an additional 281 shares in the last quarter.
iShares MSCI China ETF Price Performance
Shares of MCHI opened at $54.15 on Thursday. The firm has a 50-day moving average of $54.36 and a 200-day moving average of $57.63. iShares MSCI China ETF has a one year low of $49.88 and a one year high of $67.37. The company has a market cap of $6.13 billion, a PE ratio of 13.11 and a beta of 0.33.
iShares MSCI China ETF Announces Dividend
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. 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.
Further Reading
- Five stocks we like better than iShares MSCI China ETF
- Why Johnson & Johnson’s Earnings Dip Looks Like a Buying Opportunity
- CPI Comes In Cool: Why It Could Revive These 3 Rate-Sensitive Stocks
- Why ASML’s AI Monopoly Is Still Getting Stronger
- Apple’s AI Toll Booth Thesis Faces Its Biggest Test Yet Before Earnings
Want to see what other hedge funds are holding MCHI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI China ETF (NASDAQ:MCHI – Free Report).
Receive News & Ratings for iShares MSCI China ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI China ETF and related companies with MarketBeat.com's FREE daily email newsletter.
