iShares MSCI China ETF Target of Unusually Large Options Trading (NASDAQ:MCHI)

iShares MSCI China ETF (NASDAQ:MCHI) was the target of unusually large options trading on Monday. Investors purchased 41,499 put options on the stock. This represents an increase of approximately 1,957% compared to the average daily volume of 2,017 put options.

iShares MSCI China ETF Trading Up 1.6 %

MCHI stock opened at $44.61 on Tuesday. The stock’s fifty day simple moving average is $45.75 and its two-hundred day simple moving average is $46.49. iShares MSCI China ETF has a 1-year low of $35.02 and a 1-year high of $56.30. The stock has a market cap of $7.55 billion, a P/E ratio of 10.23 and a beta of 0.49.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. ASB Consultores LLC boosted its position in iShares MSCI China ETF by 4.1% in the first quarter. ASB Consultores LLC now owns 5,650 shares of the company’s stock worth $282,000 after purchasing an additional 222 shares during the last quarter. Mayfair Advisory Group LLC lifted its position in shares of iShares MSCI China ETF by 3.4% during the 1st quarter. Mayfair Advisory Group LLC now owns 7,002 shares of the company’s stock valued at $342,000 after buying an additional 232 shares during the last quarter. Creative Planning lifted its position in shares of iShares MSCI China ETF by 2.6% during the 2nd quarter. Creative Planning now owns 10,838 shares of the company’s stock valued at $485,000 after buying an additional 272 shares during the last quarter. HighTower Advisors LLC lifted its position in shares of iShares MSCI China ETF by 3.5% during the 1st quarter. HighTower Advisors LLC now owns 8,833 shares of the company’s stock valued at $468,000 after buying an additional 296 shares during the last quarter. Finally, Tower Research Capital LLC TRC lifted its position in shares of iShares MSCI China ETF by 80.8% during the 2nd quarter. Tower Research Capital LLC TRC now owns 698 shares of the company’s stock valued at $31,000 after buying an additional 312 shares during the last quarter.

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.