Phoenix Financial Ltd. boosted its position in iShares MSCI China ETF (NASDAQ:MCHI – Free Report) by 164.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,322,800 shares of the company’s stock after purchasing an additional 822,800 shares during the period. Phoenix Financial Ltd. owned about 1.04% of iShares MSCI China ETF worth $79,461,000 as of its most recent SEC filing.
Other large investors have also made changes to their positions in the company. Financial Life Planners bought a new position in shares of iShares MSCI China ETF in the 3rd quarter worth approximately $26,000. JPL Wealth Management LLC purchased a new position in shares of iShares MSCI China ETF in the third quarter worth approximately $34,000. Advisory Services Network LLC bought a new stake in iShares MSCI China ETF during the third quarter valued at approximately $39,000. Whittier Trust Co. purchased a new stake in iShares MSCI China ETF during the fourth quarter valued at approximately $38,000. Finally, Aventura Private Wealth LLC bought a new position in iShares MSCI China ETF in the fourth quarter worth approximately $38,000.
iShares MSCI China ETF Price Performance
Shares of iShares MSCI China ETF stock opened at $58.10 on Friday. iShares MSCI China ETF has a 1-year low of $52.53 and a 1-year high of $67.37. The company’s fifty day simple moving average is $57.28 and its 200-day simple moving average is $60.31. The stock has a market capitalization of $6.81 billion, a PE ratio of 13.11 and a beta of 0.34.
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.
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