iShares MSCI China ETF $MCHI Shares Sold by Comerica Bank

Comerica Bank trimmed its position in iShares MSCI China ETF (NASDAQ:MCHI) by 26.8% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 285,595 shares of the company’s stock after selling 104,629 shares during the period. Comerica Bank owned 0.22% of iShares MSCI China ETF worth $17,156,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Bank of Nova Scotia grew its stake in iShares MSCI China ETF by 1.5% in the second quarter. Bank of Nova Scotia now owns 17,052 shares of the company’s stock worth $939,000 after purchasing an additional 246 shares in the last quarter. IHT Wealth Management LLC grew its stake in iShares MSCI China ETF by 2.2% in the second quarter. IHT Wealth Management LLC now owns 13,101 shares of the company’s stock worth $722,000 after purchasing an additional 277 shares in the last quarter. Ashton Thomas Private Wealth LLC grew its stake in iShares MSCI China ETF by 5.3% in the fourth quarter. Ashton Thomas Private Wealth LLC now owns 5,665 shares of the company’s stock worth $340,000 after purchasing an additional 285 shares in the last quarter. Financial Life Planners acquired a new position in iShares MSCI China ETF in the third quarter worth about $26,000. Finally, PFG Investments LLC grew its stake in iShares MSCI China ETF by 8.3% in the third quarter. PFG Investments LLC now owns 5,233 shares of the company’s stock worth $345,000 after purchasing an additional 400 shares in the last quarter.

iShares MSCI China ETF Stock Performance

NASDAQ:MCHI opened at $56.76 on Wednesday. The company has a market capitalization of $6.72 billion, a price-to-earnings ratio of 13.11 and a beta of 0.34. iShares MSCI China ETF has a one year low of $51.31 and a one year high of $67.37. The stock has a 50-day simple moving average of $57.61 and a 200 day simple moving average of $60.68.

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.