New York Life Investment Management LLC Has $8.48 Million Stock Holdings in iShares MSCI China ETF $MCHI

New York Life Investment Management LLC decreased its position in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 6.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 141,192 shares of the company’s stock after selling 9,283 shares during the period. New York Life Investment Management LLC’s holdings in iShares MSCI China ETF were worth $8,481,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the company. Bank Julius Baer & Co. Ltd Zurich boosted its position in shares of iShares MSCI China ETF by 21.8% during the 4th quarter. Bank Julius Baer & Co. Ltd Zurich now owns 2,269,856 shares of the company’s stock worth $136,350,000 after acquiring an additional 406,236 shares in the last quarter. ABC Arbitrage SA grew its stake in shares of iShares MSCI China ETF by 391.3% during the fourth quarter. ABC Arbitrage SA now owns 15,295 shares of the company’s stock worth $919,000 after buying an additional 12,182 shares during the last quarter. Trek Financial LLC grew its stake in shares of iShares MSCI China ETF by 26.5% during the fourth quarter. Trek Financial LLC now owns 19,740 shares of the company’s stock worth $1,186,000 after buying an additional 4,135 shares during the last quarter. Millstone Evans Group LLC bought a new stake in shares of iShares MSCI China ETF during the fourth quarter worth $75,000. Finally, CapWealth Advisors LLC grew its stake in shares of iShares MSCI China ETF by 0.7% during the fourth quarter. CapWealth Advisors LLC now owns 127,110 shares of the company’s stock worth $7,635,000 after buying an additional 916 shares during the last quarter.

iShares MSCI China ETF Stock Performance

NASDAQ MCHI opened at $56.64 on Friday. The firm’s fifty day moving average price is $57.27 and its two-hundred day moving average price is $60.28. The stock has a market cap of $6.64 billion, a PE ratio of 13.11 and a beta of 0.34. iShares MSCI China ETF has a fifty-two week low of $52.53 and a fifty-two week high of $67.37.

About iShares MSCI China ETF

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.