Tidal Investments LLC lifted its position in shares of iShares MSCI China ETF (NASDAQ:MCHI – Free Report) by 176.7% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 183,962 shares of the company’s stock after buying an additional 117,473 shares during the quarter. Tidal Investments LLC’s holdings in iShares MSCI China ETF were worth $9,387,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. JPL Wealth Management LLC purchased a new stake in iShares MSCI China ETF during the 3rd quarter worth about $34,000. Advisory Services Network LLC acquired a new stake in shares of iShares MSCI China ETF during the 3rd quarter worth about $39,000. Zions Bancorporation National Association UT purchased a new stake in shares of iShares MSCI China ETF during the fourth quarter worth about $39,000. Hurley Capital LLC purchased a new stake in shares of iShares MSCI China ETF during the fourth quarter worth about $49,000. Finally, Banque Cantonale Vaudoise raised its position in shares of iShares MSCI China ETF by 11.2% in the fourth 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.
iShares MSCI China ETF Stock Performance
MCHI stock opened at $52.96 on Friday. iShares MSCI China ETF has a one year low of $49.88 and a one year high of $67.37. The stock has a market capitalization of $5.97 billion, a P/E ratio of 13.11 and a beta of 0.34. The company has a 50 day moving average price of $54.47 and a two-hundred day moving average price of $55.57.
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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