Invesco Ltd. Acquires 3,449 Shares of iShares MSCI China ETF (NASDAQ:MCHI)

Invesco Ltd. grew its holdings in iShares MSCI China ETF (NASDAQ:MCHI) by 23.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,882 shares of the company’s stock after purchasing an additional 3,449 shares during the period. Invesco Ltd.’s holdings in iShares MSCI China ETF were worth $838,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of MCHI. Bank Julius Baer & Co. Ltd Zurich increased its holdings in iShares MSCI China ETF by 7.4% in the 4th quarter. Bank Julius Baer & Co. Ltd Zurich now owns 4,307 shares of the company’s stock worth $223,000 after buying an additional 298 shares in the last quarter. Global Retirement Partners LLC raised its holdings in shares of iShares MSCI China ETF by 13.7% during the fourth quarter. Global Retirement Partners LLC now owns 2,570 shares of the company’s stock valued at $120,000 after purchasing an additional 309 shares during the last quarter. DHK Financial Advisors Inc. lifted its position in iShares MSCI China ETF by 1.9% during the fourth quarter. DHK Financial Advisors Inc. now owns 22,931 shares of the company’s stock valued at $1,075,000 after purchasing an additional 425 shares during the period. Ridgewood Investments LLC boosted its holdings in iShares MSCI China ETF by 2.4% in the fourth quarter. Ridgewood Investments LLC now owns 21,694 shares of the company’s stock worth $1,017,000 after purchasing an additional 500 shares during the last quarter. Finally, Private Trust Co. NA grew its position in iShares MSCI China ETF by 44.3% in the 4th quarter. Private Trust Co. NA now owns 1,766 shares of the company’s stock worth $83,000 after purchasing an additional 542 shares during the period.

iShares MSCI China ETF Price Performance

NASDAQ MCHI opened at $53.42 on Friday. The stock has a market capitalization of $5.69 billion, a price-to-earnings ratio of 11.66 and a beta of 0.49. iShares MSCI China ETF has a 1-year low of $39.95 and a 1-year high of $59.79. The business’s fifty day moving average price is $52.88 and its 200-day moving average price is $50.02.

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.