iShares MSCI China ETF (NASDAQ:MCHI – Get Free Report) was the recipient of unusually large options trading on Thursday. Traders bought 5,220 call options on the company. This represents an increase of approximately 54% compared to the typical volume of 3,392 call options.
iShares MSCI China ETF Price Performance
Shares of NASDAQ MCHI opened at $52.33 on Friday. The company has a 50-day simple moving average of $47.61 and a 200-day simple moving average of $44.67. The company has a market cap of $6.58 billion, a PE ratio of 10.76 and a beta of 0.49. iShares MSCI China ETF has a 12 month low of $35.58 and a 12 month high of $59.78.
Institutional Trading of iShares MSCI China ETF
A number of hedge funds have recently bought and sold shares of the company. Geneos Wealth Management Inc. acquired a new position in iShares MSCI China ETF in the first quarter valued at $45,000. New Republic Capital LLC acquired a new stake in iShares MSCI China ETF during the 1st quarter worth approximately $124,000. Blue Trust Inc. grew its stake in iShares MSCI China ETF by 137.6% during the third quarter. Blue Trust Inc. now owns 3,272 shares of the company’s stock worth $167,000 after buying an additional 1,895 shares during the period. 1832 Asset Management L.P. increased its position in shares of iShares MSCI China ETF by 26.0% in the first quarter. 1832 Asset Management L.P. now owns 4,551 shares of the company’s stock worth $181,000 after acquiring an additional 940 shares in the last quarter. Finally, Creative Planning acquired a new stake in shares of iShares MSCI China ETF in the third quarter worth $221,000.
About iShares MSCI China ETF
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.
Read More
- Five stocks we like better than iShares MSCI China ETF
- The How And Why of Investing in Oil Stocks
- Gilead’s Stock Surge: What’s Fueling the Momentum?
- The 3 Best Fintech Stocks to Buy Now
- Breakout Alert: Qualcomm Just Hit The Rally Button
- Which Wall Street Analysts are the Most Accurate?
- Mercado Libre Shares Go on Sale: Is Now the Time to Buy?
Receive News & Ratings for iShares MSCI China ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI China ETF and related companies with MarketBeat.com's FREE daily email newsletter.
