Syon Capital LLC raised its stake in iShares MSCI China ETF (NASDAQ:MCHI – Free Report) by 16.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 500,385 shares of the company’s stock after acquiring an additional 69,334 shares during the period. iShares MSCI China ETF accounts for approximately 1.1% of Syon Capital LLC’s portfolio, making the stock its 20th largest position. Syon Capital LLC’s holdings in iShares MSCI China ETF were worth $25,532,000 at the end of the most recent reporting period.
Several other hedge funds also recently made changes to their positions in the company. Fort Sheridan Advisors LLC increased its position in shares of iShares MSCI China ETF by 5.2% during the fourth quarter. Fort Sheridan Advisors LLC now owns 3,397 shares of the company’s stock worth $204,000 after purchasing an additional 168 shares in the last quarter. Banque Cantonale Vaudoise boosted its position 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 purchasing an additional 179 shares during the period. Bank of Nova Scotia grew its stake in 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 increased its position 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 period. Finally, New England Private Wealth Advisors LLC lifted its stake in iShares MSCI China ETF by 1.2% in the fourth quarter. New England Private Wealth Advisors LLC now owns 23,441 shares of the company’s stock valued at $1,408,000 after buying an additional 281 shares during the last quarter.
iShares MSCI China ETF Trading Down 0.3%
MCHI stock opened at $54.37 on Friday. The company has a market capitalization of $6.13 billion, a P/E ratio of 13.11 and a beta of 0.34. iShares MSCI China ETF has a twelve month low of $49.88 and a twelve month high of $67.37. The business has a 50 day simple moving average of $54.12 and a 200-day simple moving average of $55.83.
iShares MSCI China ETF Announces Dividend
About iShares MSCI China ETF
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.
Recommended Stories
- Five stocks we like better than iShares MSCI China ETF
- The Path to $230 Billion: Broadcom Outlines the Next Phase of Its AI Growth Story
- NVIDIA’s Hugging Face Deal Raises a Bigger Question About Its AI Moat Now
- Dropping the Dough: Yum! Brands Strategically Trims the Fat
- These 3 Stock Charts Just Flashed the Dreaded Death Cross Pattern
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.
