Trexquant Investment LP purchased a new position in shares of iShares MSCI China ETF (NASDAQ:MCHI – Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 6,747 shares of the company’s stock, valued at approximately $367,000.
A number of other institutional investors also recently added to or reduced their stakes in the business. GAMMA Investing LLC boosted its holdings in iShares MSCI China ETF by 6,784.5% in the 1st quarter. GAMMA Investing LLC now owns 8,528,995 shares of the company’s stock valued at $463,977,000 after purchasing an additional 8,405,108 shares in the last quarter. Demars Financial Group LLC raised its position in shares of iShares MSCI China ETF by 24.3% during the 1st quarter. Demars Financial Group LLC now owns 4,014,164 shares of the company’s stock worth $218,371,000 after purchasing an additional 785,755 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich grew its stake in iShares MSCI China ETF by 35,780.1% in the 1st quarter. Bank Julius Baer & Co. Ltd Zurich now owns 1,545,357 shares of the company’s stock worth $84,067,000 after acquiring an additional 1,541,050 shares during the period. LPL Financial LLC grew its stake in iShares MSCI China ETF by 1.8% in the 1st quarter. LPL Financial LLC now owns 1,426,513 shares of the company’s stock worth $77,602,000 after acquiring an additional 25,210 shares during the period. Finally, Banco Bilbao Vizcaya Argentaria S.A. grew its stake in iShares MSCI China ETF by 1,181.9% in the 1st quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 1,236,161 shares of the company’s stock worth $67,394,000 after acquiring an additional 1,139,727 shares during the period.
iShares MSCI China ETF Stock Up 1.1%
Shares of NASDAQ MCHI opened at $62.97 on Wednesday. iShares MSCI China ETF has a 52-week low of $40.25 and a 52-week high of $63.15. The firm has a fifty day moving average of $58.56 and a 200-day moving average of $55.35. The stock has a market capitalization of $7.71 billion, a PE ratio of 13.11 and a beta of 0.49.
iShares MSCI China ETF Cuts Dividend
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.
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