International Assets Investment Management LLC Makes New $179,000 Investment in iShares MSCI China ETF (NASDAQ:MCHI)

International Assets Investment Management LLC bought a new position in shares of iShares MSCI China ETF (NASDAQ:MCHI) in the fourth quarter, HoldingsChannel.com reports. The firm bought 4,400 shares of the company’s stock, valued at approximately $179,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. LPL Financial LLC lifted its position in iShares MSCI China ETF by 23.7% during the 3rd quarter. LPL Financial LLC now owns 507,132 shares of the company’s stock worth $21,954,000 after acquiring an additional 97,165 shares during the last quarter. Ameriprise Financial Inc. raised its position in iShares MSCI China ETF by 1.6% in the third quarter. Ameriprise Financial Inc. now owns 2,418,408 shares of the company’s stock worth $104,598,000 after purchasing an additional 38,438 shares in the last quarter. GSA Capital Partners LLP acquired a new position in iShares MSCI China ETF in the third quarter worth about $723,000. Simplex Trading LLC raised its position in iShares MSCI China ETF by 14.3% in the third quarter. Simplex Trading LLC now owns 42,506 shares of the company’s stock worth $1,840,000 after purchasing an additional 5,333 shares in the last quarter. Finally, Corient Private Wealth LLC bought a new stake in iShares MSCI China ETF during the third quarter worth about $15,243,000.

iShares MSCI China ETF Trading Up 1.9 %

Shares of iShares MSCI China ETF stock opened at $42.35 on Monday. The stock has a market capitalization of $5.01 billion, a price-to-earnings ratio of 9.70 and a beta of 0.90. iShares MSCI China ETF has a 1-year low of $35.58 and a 1-year high of $49.94. The firm’s 50-day moving average price is $39.84 and its two-hundred day moving average price is $40.27.

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.