iShares MSCI China ETF $MCHI Shares Newly Purchased by Park Avenue Securities LLC

Park Avenue Securities LLC purchased a new position in shares of iShares MSCI China ETF (NASDAQ:MCHI) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 11,066 shares of the company’s stock, valued at approximately $578,000.

A number of other hedge funds have also bought and sold shares of the company. HB Wealth Management LLC increased its holdings in iShares MSCI China ETF by 2.9% in the second quarter. HB Wealth Management LLC now owns 9,945 shares of the company’s stock valued at $507,000 after buying an additional 278 shares during the last quarter. Diversify Advisory Services LLC raised its stake in iShares MSCI China ETF by 1.5% during the third quarter. Diversify Advisory Services LLC now owns 20,692 shares of the company’s stock valued at $1,070,000 after buying an additional 305 shares in the last quarter. PFG Investments LLC raised its stake in iShares MSCI China ETF by 6.4% during the first quarter. PFG Investments LLC now owns 5,394 shares of the company’s stock valued at $303,000 after buying an additional 326 shares in the last quarter. Simplicity Wealth LLC lifted its holdings in iShares MSCI China ETF by 15.0% during the 3rd quarter. Simplicity Wealth LLC now owns 6,251 shares of the company’s stock worth $326,000 after buying an additional 816 shares during the last quarter. Finally, Cetera Investment Advisers lifted its holdings in iShares MSCI China ETF by 29.2% during the 1st quarter. Cetera Investment Advisers now owns 6,011 shares of the company’s stock worth $338,000 after buying an additional 1,360 shares during the last quarter.

iShares MSCI China ETF Trading Up 0.9%

Shares of MCHI opened at $52.00 on Friday. The firm has a market cap of $5.83 billion, a price-to-earnings ratio of 11.52 and a beta of 0.33. The stock has a 50 day moving average of $52.08 and a 200-day moving average of $55.53. iShares MSCI China ETF has a 52 week low of $48.65 and a 52 week high of $65.37.

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.