iShares MSCI China ETF $MCHI Shares Sold by Phoenix Financial Ltd.

Phoenix Financial Ltd. decreased its stake in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 79.4% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 264,520 shares of the company’s stock after selling 1,017,000 shares during the period. Phoenix Financial Ltd.’s holdings in iShares MSCI China ETF were worth $13,805,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Fifth Third Bancorp grew its stake in shares of iShares MSCI China ETF by 151.2% during the 3rd quarter. Fifth Third Bancorp now owns 168,517 shares of the company’s stock valued at $8,795,000 after buying an additional 101,433 shares during the period. Lido Advisors LLC purchased a new position in shares of iShares MSCI China ETF in the 3rd quarter worth $31,557,000. New York Life Investment Management LLC purchased a new position in shares of iShares MSCI China ETF in the 3rd quarter worth $18,285,000. 180 Wealth Advisors LLC raised its position in shares of iShares MSCI China ETF by 12.4% in the 3rd quarter. 180 Wealth Advisors LLC now owns 74,756 shares of the company’s stock worth $3,901,000 after buying an additional 8,267 shares during the period. Finally, StoneX Group Inc. acquired a new position in iShares MSCI China ETF in the third quarter valued at $403,000.

iShares MSCI China ETF Trading Down 0.4%

NASDAQ:MCHI traded down $0.18 on Friday, hitting $49.57. 1,825,876 shares of the stock were exchanged, compared to its average volume of 2,996,016. The stock has a market cap of $5.59 billion, a PE ratio of 11.52 and a beta of 0.33. The stock has a fifty day moving average of $51.60 and a 200-day moving average of $55.17. iShares MSCI China ETF has a fifty-two week low of $48.65 and a fifty-two week high of $64.90.

iShares MSCI China ETF Company 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.