Allspring Global Investments Holdings LLC Sells 1,600 Shares of iShares MSCI China ETF (NASDAQ:MCHI)

Allspring Global Investments Holdings LLC reduced its stake in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 1.1% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 145,628 shares of the company’s stock after selling 1,600 shares during the period. Allspring Global Investments Holdings LLC owned 0.09% of iShares MSCI China ETF worth $6,515,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. ASB Consultores LLC raised its stake in iShares MSCI China ETF by 4.1% during the first quarter. ASB Consultores LLC now owns 5,650 shares of the company’s stock worth $282,000 after buying an additional 222 shares during the last quarter. Creative Planning increased its holdings in iShares MSCI China ETF by 2.6% in the second quarter. Creative Planning now owns 10,838 shares of the company’s stock worth $485,000 after purchasing an additional 272 shares in the last quarter. HighTower Advisors LLC increased its holdings in iShares MSCI China ETF by 3.5% in the first quarter. HighTower Advisors LLC now owns 8,833 shares of the company’s stock worth $468,000 after purchasing an additional 296 shares in the last quarter. Transcend Capital Advisors LLC increased its holdings in iShares MSCI China ETF by 0.6% in the second quarter. Transcend Capital Advisors LLC now owns 53,619 shares of the company’s stock worth $2,399,000 after purchasing an additional 327 shares in the last quarter. Finally, Optimum Investment Advisors bought a new stake in shares of iShares MSCI China ETF in the 1st quarter valued at $25,000.

iShares MSCI China ETF Stock Up 0.8 %

NASDAQ:MCHI opened at $42.15 on Friday. The company has a fifty day moving average of $43.39 and a 200-day moving average of $45.09. The firm has a market capitalization of $6.47 billion, a P/E ratio of 10.23 and a beta of 0.49. iShares MSCI China ETF has a twelve month low of $36.90 and a twelve month high of $56.30.

iShares MSCI China ETF 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.