Jordan Park Group LLC Has $43.38 Million Stock Position in iShares MSCI China ETF $MCHI

Jordan Park Group LLC boosted its position in iShares MSCI China ETF (NASDAQ:MCHI) by 28.0% in the 4th quarter, HoldingsChannel.com reports. The firm owned 722,206 shares of the company’s stock after buying an additional 157,985 shares during the period. iShares MSCI China ETF comprises about 2.5% of Jordan Park Group LLC’s portfolio, making the stock its 9th biggest holding. Jordan Park Group LLC’s holdings in iShares MSCI China ETF were worth $43,383,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Financial Life Planners bought a new stake in iShares MSCI China ETF in the 3rd quarter valued at $26,000. JPL Wealth Management LLC bought a new stake in iShares MSCI China ETF in the 3rd quarter valued at $34,000. Aventura Private Wealth LLC bought a new stake in iShares MSCI China ETF in the 4th quarter valued at $38,000. Whittier Trust Co. bought a new stake in iShares MSCI China ETF in the 4th quarter valued at $38,000. Finally, Advisory Services Network LLC bought a new stake in iShares MSCI China ETF in the 3rd quarter valued at $39,000.

iShares MSCI China ETF Price Performance

Shares of NASDAQ MCHI opened at $55.10 on Monday. The stock has a market capitalization of $6.46 billion, a PE ratio of 13.11 and a beta of 0.34. The business has a fifty day moving average price of $56.89 and a two-hundred day moving average price of $59.66. iShares MSCI China ETF has a fifty-two week low of $52.53 and a fifty-two week high of $67.37.

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. 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.