Blue Trust Inc. Raises Stock Position in iShares MSCI China ETF (NASDAQ:MCHI)

Blue Trust Inc. grew its holdings in iShares MSCI China ETF (NASDAQ:MCHI) by 137.6% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,272 shares of the company’s stock after acquiring an additional 1,895 shares during the period. Blue Trust Inc.’s holdings in iShares MSCI China ETF were worth $167,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in MCHI. Meitav Investment House Ltd. increased its stake in iShares MSCI China ETF by 80.3% during the 2nd quarter. Meitav Investment House Ltd. now owns 2,861,866 shares of the company’s stock worth $120,663,000 after buying an additional 1,275,000 shares during the period. Elo Mutual Pension Insurance Co increased its stake in iShares MSCI China ETF by 30.4% during the 2nd quarter. Elo Mutual Pension Insurance Co now owns 1,082,669 shares of the company’s stock worth $45,656,000 after buying an additional 252,156 shares during the period. City of London Investment Management Co. Ltd. increased its stake in iShares MSCI China ETF by 69.5% during the 1st quarter. City of London Investment Management Co. Ltd. now owns 615,124 shares of the company’s stock worth $24,439,000 after buying an additional 252,243 shares during the period. The Manufacturers Life Insurance Company increased its stake in iShares MSCI China ETF by 69.7% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 308,775 shares of the company’s stock worth $13,021,000 after buying an additional 126,823 shares during the period. Finally, Angeles Investment Advisors LLC purchased a new stake in iShares MSCI China ETF during the 2nd quarter worth $12,440,000.

iShares MSCI China ETF Price Performance

iShares MSCI China ETF stock opened at $49.85 on Friday. iShares MSCI China ETF has a 12-month low of $35.58 and a 12-month high of $59.78. The company has a market capitalization of $6.27 billion, a price-to-earnings ratio of 10.76 and a beta of 0.49. The firm’s fifty day moving average price is $46.35 and its 200 day moving average price is $44.06.

iShares MSCI China ETF 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.