Yousif Capital Management LLC raised its holdings in iShares MSCI China ETF (NASDAQ:MCHI – Free Report) by 82.5% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 356,612 shares of the company’s stock after buying an additional 161,222 shares during the quarter. Yousif Capital Management LLC’s holdings in iShares MSCI China ETF were worth $19,649,000 as of its most recent SEC filing.
Several other institutional investors have also recently added to or reduced their stakes in MCHI. Wealth Enhancement Advisory Services LLC lifted its stake in iShares MSCI China ETF by 13.9% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 7,401 shares of the company’s stock valued at $347,000 after buying an additional 906 shares during the period. Farther Finance Advisors LLC lifted its stake in iShares MSCI China ETF by 817.1% in the first quarter. Farther Finance Advisors LLC now owns 8,566 shares of the company’s stock valued at $467,000 after buying an additional 7,632 shares during the period. GAMMA Investing LLC lifted its stake in iShares MSCI China ETF by 26.6% in the first quarter. GAMMA Investing LLC now owns 156,783 shares of the company’s stock valued at $8,529,000 after buying an additional 32,896 shares during the period. Sentry LLC acquired a new position in iShares MSCI China ETF in the first quarter valued at approximately $261,000. Finally, Copia Wealth Management acquired a new position in iShares MSCI China ETF in the first quarter valued at approximately $39,000.
iShares MSCI China ETF Stock Performance
Shares of MCHI opened at $61.39 on Monday. iShares MSCI China ETF has a 52-week low of $43.70 and a 52-week high of $67.37. The business’s 50 day moving average price is $62.33 and its two-hundred day moving average price is $56.84. The firm has a market cap of $7.92 billion, a PE ratio of 13.11 and a beta of 0.49.
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.
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