OVERSEA CHINESE BANKING Corp Ltd Has $11.08 Million Stake in iShares MSCI China ETF $MCHI

OVERSEA CHINESE BANKING Corp Ltd decreased its stake in iShares MSCI China ETF (NASDAQ:MCHI) by 55.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 184,449 shares of the company’s stock after selling 225,814 shares during the quarter. OVERSEA CHINESE BANKING Corp Ltd’s holdings in iShares MSCI China ETF were worth $11,078,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in MCHI. Financial Life Planners acquired a new position in iShares MSCI China ETF in the third quarter valued at about $26,000. JPL Wealth Management LLC acquired a new position in iShares MSCI China ETF in the third quarter valued at about $34,000. Aventura Private Wealth LLC acquired a new position in iShares MSCI China ETF in the fourth quarter valued at about $38,000. Whittier Trust Co. acquired a new position in iShares MSCI China ETF in the fourth quarter valued at about $38,000. Finally, Advisory Services Network LLC acquired a new position in iShares MSCI China ETF in the third quarter valued at about $39,000.

iShares MSCI China ETF Trading Down 1.9%

NASDAQ:MCHI opened at $58.16 on Wednesday. iShares MSCI China ETF has a 1-year low of $50.46 and a 1-year high of $67.37. The business’s 50-day moving average price is $57.94 and its two-hundred day moving average price is $60.95. The firm has a market capitalization of $6.89 billion, a price-to-earnings ratio of 13.11 and a beta of 0.34.

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.