Partners Wealth Management LLC Acquires 25,000 Shares of iShares MSCI China ETF $MCHI

Partners Wealth Management LLC acquired a new position in iShares MSCI China ETF (NASDAQ:MCHI) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 25,000 shares of the company’s stock, valued at approximately $1,305,000.

Several other large investors also recently made changes to their positions in the business. Meitav Investment House Ltd. grew its holdings in shares of iShares MSCI China ETF by 38.9% during the first quarter. Meitav Investment House Ltd. now owns 1,175,148 shares of the company’s stock worth $66,020,000 after purchasing an additional 328,915 shares during the last quarter. SPX Gestao de Recursos Ltda bought a new position in shares of iShares MSCI China ETF in the first quarter valued at about $54,607,000. Amundi raised its holdings in shares of iShares MSCI China ETF by 13.2% in the first quarter. Amundi now owns 572,401 shares of the company’s stock valued at $32,157,000 after buying an additional 66,701 shares during the last quarter. Syon Capital LLC raised its holdings in shares of iShares MSCI China ETF by 16.1% in the second quarter. Syon Capital LLC now owns 500,385 shares of the company’s stock valued at $25,532,000 after buying an additional 69,334 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its position in iShares MSCI China ETF by 859.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 488,288 shares of the company’s stock worth $24,915,000 after buying an additional 437,395 shares in the last quarter.

iShares MSCI China ETF Stock Up 0.2%

Shares of NASDAQ MCHI opened at $49.07 on Friday. iShares MSCI China ETF has a 12-month low of $48.65 and a 12-month high of $65.37. The firm’s 50-day simple moving average is $52.44 and its 200 day simple moving average is $55.78. The company has a market cap of $5.51 billion, a price-to-earnings ratio of 13.11 and a beta of 0.33.

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.