iShares MSCI China ETF $MCHI Shares Sold by Assetmark Inc.

Assetmark Inc. lowered its position in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 33.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 58,277 shares of the company’s stock after selling 29,527 shares during the quarter. Assetmark Inc.’s holdings in iShares MSCI China ETF were worth $3,501,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Angeles Investment Advisors LLC purchased a new stake in shares of iShares MSCI China ETF during the third quarter worth $14,948,000. Avalon Capital Management purchased a new position in shares of iShares MSCI China ETF in the third quarter worth about $967,000. Strategic Investment Advisors MI purchased a new position in shares of iShares MSCI China ETF in the third quarter worth about $1,945,000. Monument Capital Management acquired a new position in iShares MSCI China ETF during the third quarter worth about $1,739,000. Finally, Caprock Group LLC acquired a new position in iShares MSCI China ETF during the third quarter worth about $1,306,000.

iShares MSCI China ETF Stock Performance

Shares of NASDAQ MCHI opened at $59.29 on Monday. The stock has a market cap of $7.02 billion, a PE ratio of 13.11 and a beta of 0.34. iShares MSCI China ETF has a 12-month low of $48.94 and a 12-month high of $67.37. The company has a 50-day moving average of $58.07 and a 200 day moving average of $61.06.

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. Securities are weighted based on the total market value of their shares so that securities with higher total market values generally have a higher representation in the index.