Pictet North America Advisors SA Sells 172,603 Shares of iShares MSCI China ETF (NASDAQ:MCHI)

Pictet North America Advisors SA lessened its holdings in iShares MSCI China ETF (NASDAQ:MCHI) by 49.9% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 172,991 shares of the company’s stock after selling 172,603 shares during the period. iShares MSCI China ETF comprises approximately 1.5% of Pictet North America Advisors SA’s holdings, making the stock its 24th biggest position. Pictet North America Advisors SA’s holdings in iShares MSCI China ETF were worth $10,284,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of MCHI. Creative Planning bought a new position in shares of iShares MSCI China ETF in the 1st quarter worth approximately $242,000. UBP Investment Advisors SA lifted its stake in shares of iShares MSCI China ETF by 16.7% in the 1st quarter. UBP Investment Advisors SA now owns 12,816 shares of the company’s stock worth $800,000 after purchasing an additional 1,838 shares during the period. First Republic Investment Management Inc. lifted its stake in shares of iShares MSCI China ETF by 10.7% in the 1st quarter. First Republic Investment Management Inc. now owns 388,268 shares of the company’s stock worth $24,240,000 after purchasing an additional 37,626 shares during the period. Accuvest Global Advisors lifted its stake in shares of iShares MSCI China ETF by 495.7% in the 1st quarter. Accuvest Global Advisors now owns 126,275 shares of the company’s stock worth $7,883,000 after purchasing an additional 105,077 shares during the period. Finally, Pictet & Cie Europe SA bought a new position in shares of iShares MSCI China ETF in the 1st quarter worth approximately $964,000.

Shares of NASDAQ:MCHI traded down $1.34 during trading on Friday, hitting $54.76. The company’s stock had a trading volume of 5,207,831 shares, compared to its average volume of 4,951,112. The company has a 50-day moving average of $57.46 and a 200-day moving average of $59.58. iShares MSCI China ETF has a 12 month low of $50.45 and a 12 month high of $65.25.

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.

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Institutional Ownership by Quarter for iShares MSCI China ETF (NASDAQ:MCHI)

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