iShares MSCI China ETF $MCHI Shares Purchased by Boltwood Capital Management

Boltwood Capital Management increased its stake in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 30.2% in the 2nd quarter, HoldingsChannel reports. The firm owned 17,350 shares of the company’s stock after buying an additional 4,025 shares during the quarter. Boltwood Capital Management’s holdings in iShares MSCI China ETF were worth $956,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of MCHI. Ameriprise Financial Inc. raised its position in shares of iShares MSCI China ETF by 82.6% during the 4th quarter. Ameriprise Financial Inc. now owns 292,664 shares of the company’s stock worth $13,714,000 after purchasing an additional 132,392 shares during the last quarter. Cetera Investment Advisers raised its holdings in iShares MSCI China ETF by 5.5% in the 4th quarter. Cetera Investment Advisers now owns 7,587 shares of the company’s stock valued at $356,000 after acquiring an additional 394 shares during the last quarter. Deutsche Bank AG raised its holdings in iShares MSCI China ETF by 208.6% in the 4th quarter. Deutsche Bank AG now owns 29,950 shares of the company’s stock valued at $1,403,000 after acquiring an additional 20,245 shares during the last quarter. Royal Bank of Canada raised its holdings in iShares MSCI China ETF by 866.4% in the 4th quarter. Royal Bank of Canada now owns 423,611 shares of the company’s stock valued at $19,851,000 after acquiring an additional 379,776 shares during the last quarter. Finally, Snowden Capital Advisors LLC raised its holdings in iShares MSCI China ETF by 88.5% in the 4th quarter. Snowden Capital Advisors LLC now owns 7,921 shares of the company’s stock valued at $371,000 after acquiring an additional 3,719 shares during the last quarter.

iShares MSCI China ETF Stock Performance

Shares of MCHI opened at $63.95 on Monday. The stock has a fifty day moving average of $59.09 and a two-hundred day moving average of $55.55. The company has a market capitalization of $7.83 billion, a PE ratio of 13.11 and a beta of 0.49. iShares MSCI China ETF has a fifty-two week low of $40.74 and a fifty-two week high of $64.24.

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.