ABC Arbitrage SA grew its position in iShares MSCI China ETF (NASDAQ:MCHI – Free Report) by 391.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 15,295 shares of the company’s stock after purchasing an additional 12,182 shares during the period. ABC Arbitrage SA’s holdings in iShares MSCI China ETF were worth $919,000 as of its most recent SEC filing.
Several other large investors also recently made changes to their positions in MCHI. Millennium Management LLC boosted its position in iShares MSCI China ETF by 49.6% during the 1st quarter. Millennium Management LLC now owns 70,891 shares of the company’s stock worth $3,856,000 after acquiring an additional 23,513 shares during the period. Jones Financial Companies Lllp lifted its holdings in iShares MSCI China ETF by 1,740.0% in the first quarter. Jones Financial Companies Lllp now owns 18,050 shares of the company’s stock worth $906,000 after purchasing an additional 17,069 shares during the period. Goldman Sachs Group Inc. grew its position in iShares MSCI China ETF by 52.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 561,233 shares of the company’s stock valued at $30,531,000 after buying an additional 192,712 shares in the last quarter. Empowered Funds LLC acquired a new position in iShares MSCI China ETF during the 1st quarter valued at about $2,947,000. Finally, Woodline Partners LP acquired a new position in iShares MSCI China ETF during the 1st quarter valued at about $2,026,000.
iShares MSCI China ETF Trading Up 0.7%
MCHI stock opened at $58.70 on Tuesday. The firm’s 50-day moving average is $57.25 and its two-hundred day moving average is $60.42. The company has a market capitalization of $6.88 billion, a price-to-earnings ratio of 13.11 and a beta of 0.34. iShares MSCI China ETF has a 52 week low of $52.53 and a 52 week high of $67.37.
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.
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