Acima Private Wealth LLC Cuts Position in iShares MSCI China ETF $MCHI

Acima Private Wealth LLC lessened its holdings in iShares MSCI China ETF (NASDAQ:MCHI) by 3.4% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 26,845 shares of the company’s stock after selling 940 shares during the period. Acima Private Wealth LLC’s holdings in iShares MSCI China ETF were worth $1,479,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of MCHI. Wealth Enhancement Advisory Services LLC raised its holdings in shares of iShares MSCI China ETF by 13.9% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 7,401 shares of the company’s stock worth $347,000 after purchasing an additional 906 shares during the period. Farther Finance Advisors LLC raised its holdings in shares of iShares MSCI China ETF by 817.1% in the 1st quarter. Farther Finance Advisors LLC now owns 8,566 shares of the company’s stock worth $467,000 after purchasing an additional 7,632 shares during the period. GAMMA Investing LLC raised its holdings in shares of iShares MSCI China ETF by 26.6% in the 1st quarter. GAMMA Investing LLC now owns 156,783 shares of the company’s stock worth $8,529,000 after purchasing an additional 32,896 shares during the period. SG Americas Securities LLC bought a new stake in shares of iShares MSCI China ETF in the 1st quarter worth approximately $4,806,000. Finally, Sentry LLC bought a new stake in shares of iShares MSCI China ETF in the 1st quarter worth approximately $261,000.

iShares MSCI China ETF Trading Down 5.7%

NASDAQ:MCHI opened at $61.39 on Friday. The stock has a market capitalization of $7.92 billion, a PE ratio of 13.11 and a beta of 0.49. The firm’s 50 day moving average is $62.33 and its 200 day moving average is $56.82. iShares MSCI China ETF has a 12 month low of $43.70 and a 12 month high of $67.37.

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.