Greenwood Capital Associates LLC cut its holdings in iShares MSCI China ETF (NASDAQ:MCHI – Free Report) by 93.0% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,886 shares of the company’s stock after selling 78,432 shares during the period. Greenwood Capital Associates LLC’s holdings in iShares MSCI China ETF were worth $331,000 at the end of the most recent reporting period.
Several other hedge funds have also recently bought and sold shares of MCHI. Fosun International Ltd acquired a new position in iShares MSCI China ETF during the fourth quarter valued at approximately $10,452,000. Jordan Park Group LLC lifted its stake in shares of iShares MSCI China ETF by 28.0% in the fourth quarter. Jordan Park Group LLC now owns 722,206 shares of the company’s stock worth $43,383,000 after buying an additional 157,985 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of iShares MSCI China ETF by 19,983.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 916,424 shares of the company’s stock worth $55,050,000 after buying an additional 911,861 shares during the period. Strategic Investment Advisors MI bought a new stake in shares of iShares MSCI China ETF during the 3rd quarter worth $1,945,000. Finally, PNC Financial Services Group Inc. grew its stake in iShares MSCI China ETF by 1,692.3% in the 4th quarter. PNC Financial Services Group Inc. now owns 51,331 shares of the company’s stock valued at $3,083,000 after buying an additional 48,467 shares during the last quarter.
iShares MSCI China ETF Price Performance
Shares of MCHI opened at $53.13 on Friday. The company has a market capitalization of $6.11 billion, a PE ratio of 13.11 and a beta of 0.33. iShares MSCI China ETF has a one year low of $49.88 and a one year high of $67.37. The company’s fifty day moving average price is $54.63 and its 200 day moving average price is $57.81.
iShares MSCI China ETF Announces Dividend
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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