JPMorgan Chase & Co. lessened its holdings in iShares MSCI China ETF (NASDAQ:MCHI – Free Report) by 23.1% during the third quarter, HoldingsChannel.com reports. The firm owned 1,733,567 shares of the company’s stock after selling 520,865 shares during the period. JPMorgan Chase & Co.’s holdings in iShares MSCI China ETF were worth $88,256,000 as of its most recent SEC filing.
Several other large investors have also added to or reduced their stakes in MCHI. Tidal Investments LLC bought a new stake in iShares MSCI China ETF during the 3rd quarter worth about $223,000. Toronto Dominion Bank acquired a new stake in shares of iShares MSCI China ETF in the third quarter valued at about $621,000. TT International Asset Management LTD bought a new stake in iShares MSCI China ETF during the third quarter worth about $35,807,000. Stifel Financial Corp boosted its position in iShares MSCI China ETF by 30.5% during the third quarter. Stifel Financial Corp now owns 67,750 shares of the company’s stock valued at $3,449,000 after purchasing an additional 15,824 shares during the last quarter. Finally, Safe Harbor Fiduciary LLC bought a new position in iShares MSCI China ETF in the third quarter valued at approximately $27,000.
iShares MSCI China ETF Stock Down 1.8 %
Shares of iShares MSCI China ETF stock opened at $46.02 on Friday. The stock has a market cap of $5.79 billion, a P/E ratio of 10.76 and a beta of 0.49. iShares MSCI China ETF has a 12-month low of $35.58 and a 12-month high of $59.78. The business’s 50 day moving average is $48.13 and its 200-day moving average is $45.67.
iShares MSCI China ETF Dividend Announcement
About iShares MSCI China ETF
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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