Wells Fargo & Company MN Reduces Position in iShares MSCI China ETF (NASDAQ:MCHI)

Wells Fargo & Company MN reduced its holdings in iShares MSCI China ETF (NASDAQ:MCHI) by 52.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 49,909 shares of the company’s stock after selling 55,563 shares during the period. Wells Fargo & Company MN’s holdings in iShares MSCI China ETF were worth $2,339,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of MCHI. OLD Mission Capital LLC boosted its holdings in shares of iShares MSCI China ETF by 228.1% during the 4th quarter. OLD Mission Capital LLC now owns 1,969,541 shares of the company’s stock worth $92,293,000 after purchasing an additional 1,369,309 shares during the last quarter. Sanctuary Advisors LLC grew its holdings in iShares MSCI China ETF by 18.9% in the 4th quarter. Sanctuary Advisors LLC now owns 8,712 shares of the company’s stock valued at $431,000 after buying an additional 1,382 shares in the last quarter. Nisa Investment Advisors LLC acquired a new stake in shares of iShares MSCI China ETF in the 4th quarter worth $656,000. Steward Partners Investment Advisory LLC raised its holdings in shares of iShares MSCI China ETF by 18.7% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 8,327 shares of the company’s stock worth $390,000 after acquiring an additional 1,310 shares during the period. Finally, Jones Financial Companies Lllp boosted its position in shares of iShares MSCI China ETF by 8,818.2% during the 4th quarter. Jones Financial Companies Lllp now owns 981 shares of the company’s stock valued at $46,000 after acquiring an additional 970 shares during the last quarter.

iShares MSCI China ETF Trading Down 0.1 %

iShares MSCI China ETF stock opened at $51.91 on Friday. The stock has a market cap of $5.53 billion, a P/E ratio of 11.66 and a beta of 0.49. The company has a 50-day moving average price of $53.12 and a 200 day moving average price of $50.00. iShares MSCI China ETF has a 12-month low of $39.95 and a 12-month high of $59.79.

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.