MML Investors Services LLC Decreases Stock Position in Matthews China Active ETF (NYSEARCA:MCH)

MML Investors Services LLC decreased its position in Matthews China Active ETF (NYSEARCA:MCH) by 73.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,495 shares of the company’s stock after selling 72,001 shares during the quarter. MML Investors Services LLC’s holdings in Matthews China Active ETF were worth $626,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Flow Traders U.S. LLC acquired a new stake in Matthews China Active ETF during the 3rd quarter valued at $371,000. Chicago Partners Investment Group LLC acquired a new stake in shares of Matthews China Active ETF during the third quarter valued at about $203,000. Integrity Wealth Solutions LLC purchased a new stake in shares of Matthews China Active ETF during the third quarter worth about $201,000. Finally, Farther Finance Advisors LLC acquired a new position in shares of Matthews China Active ETF in the third quarter worth about $86,000.

Matthews China Active ETF Stock Up 0.4 %

Shares of NYSEARCA MCH opened at $22.32 on Friday. Matthews China Active ETF has a fifty-two week low of $16.77 and a fifty-two week high of $29.38. The business has a 50 day moving average price of $23.38 and a two-hundred day moving average price of $21.19. The firm has a market cap of $26.78 million, a PE ratio of 12.28 and a beta of 0.90.

Matthews China Active ETF Company Profile

The Matthews China Active ETF (MCH) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to hold stocks of Chinese companies that are fundamentally screened for sustainable growth. The fund also considers ESG factors in the investment process. MCH was launched on Jul 13, 2022 and is managed by Matthews.