6,502 Shares in iShares MSCI China ETF (NASDAQ:MCHI) Purchased by Bank of Montreal Can

Bank of Montreal Can acquired a new position in shares of iShares MSCI China ETF (NASDAQ:MCHI) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 6,502 shares of the company’s stock, valued at approximately $310,000.

A number of other hedge funds have also modified their holdings of the company. Optimum Investment Advisors acquired a new position in iShares MSCI China ETF during the first quarter valued at approximately $25,000. Bessemer Group Inc. acquired a new position in iShares MSCI China ETF during the fourth quarter valued at approximately $40,000. Fiduciary Alliance LLC acquired a new position in iShares MSCI China ETF during the second quarter valued at approximately $53,000. Strategic Investment Solutions Inc. IL acquired a new position in iShares MSCI China ETF during the first quarter valued at approximately $197,000. Finally, Turim 21 Investimentos Ltda. acquired a new position in iShares MSCI China ETF during the first quarter valued at approximately $197,000.

iShares MSCI China ETF Stock Performance

Shares of NASDAQ MCHI opened at $44.22 on Tuesday. The stock has a 50 day moving average price of $43.02 and a 200 day moving average price of $44.81. iShares MSCI China ETF has a 52 week low of $40.54 and a 52 week high of $56.30. The stock has a market capitalization of $6.78 billion, a PE ratio of 10.23 and a beta of 0.49.

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.