iShares MSCI China ETF $MCHI Position Boosted by Yousif Capital Management LLC

Yousif Capital Management LLC lifted its holdings in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 89.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 225,077 shares of the company’s stock after purchasing an additional 106,462 shares during the quarter. Yousif Capital Management LLC owned about 0.20% of iShares MSCI China ETF worth $11,747,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Lake Street Private Wealth LLC boosted its stake in iShares MSCI China ETF by 1.4% during the third quarter. Lake Street Private Wealth LLC now owns 168,035 shares of the company’s stock worth $8,770,000 after buying an additional 2,259 shares during the period. Indiana Trust & Investment Management Co acquired a new stake in shares of iShares MSCI China ETF during the third quarter valued at about $99,000. Axxcess Wealth Management LLC acquired a new stake in shares of iShares MSCI China ETF during the third quarter valued at about $491,000. Diversify Advisory Services LLC raised its stake in shares of iShares MSCI China ETF by 1.5% in the 3rd quarter. Diversify Advisory Services LLC now owns 20,692 shares of the company’s stock valued at $1,070,000 after acquiring an additional 305 shares during the period. Finally, USA Financial Formulas purchased a new stake in shares of iShares MSCI China ETF in the 3rd quarter valued at approximately $320,000.

iShares MSCI China ETF Stock Performance

Shares of MCHI stock opened at $49.00 on Friday. The firm’s 50 day moving average price is $53.05 and its 200-day moving average price is $54.46. iShares MSCI China ETF has a one year low of $48.65 and a one year high of $65.84. The firm has a market cap of $5.50 billion, a P/E ratio of 13.11 and a beta of 0.33.

iShares MSCI China ETF 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.