Franklin Resources Inc. Grows Stock Position in iShares MSCI China A ETF (BATS:CNYA)

Franklin Resources Inc. increased its holdings in iShares MSCI China A ETF (BATS:CNYA) by 32.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 25,892 shares of the company’s stock after buying an additional 6,308 shares during the quarter. Franklin Resources Inc.’s holdings in iShares MSCI China A ETF were worth $767,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the business. Rhumbline Advisers increased its position in iShares MSCI China A ETF by 25.3% in the second quarter. Rhumbline Advisers now owns 55,660 shares of the company’s stock worth $1,410,000 after buying an additional 11,250 shares in the last quarter. Hsbc Holdings PLC grew its stake in shares of iShares MSCI China A ETF by 136.8% during the 2nd quarter. Hsbc Holdings PLC now owns 124,496 shares of the company’s stock valued at $3,153,000 after acquiring an additional 71,921 shares during the period. Prism Advisors Inc. increased its holdings in iShares MSCI China A ETF by 8.9% in the 3rd quarter. Prism Advisors Inc. now owns 393,897 shares of the company’s stock worth $11,963,000 after acquiring an additional 32,310 shares in the last quarter. Finally, Fisher Asset Management LLC bought a new stake in iShares MSCI China A ETF during the 3rd quarter worth approximately $17,202,000.

iShares MSCI China A ETF Price Performance

Shares of BATS:CNYA opened at $28.60 on Monday. The company has a market capitalization of $310.31 million, a P/E ratio of 12.12 and a beta of 0.44. iShares MSCI China A ETF has a 1-year low of $25.46 and a 1-year high of $35.58. The firm’s 50 day simple moving average is $29.23 and its two-hundred day simple moving average is $27.25.

iShares MSCI China A ETF Company Profile

The iShares MSCI China A ETF (CNYA) is an exchange-traded fund that is based on the MSCI China A Inclusion index, a market-cap-weighted index of Chinese A-share equities. CNYA was launched on Jun 13, 2016 and is managed by BlackRock.