iShares MSCI China ETF $MCHI Shares Newly Acquired by Boltwood Capital Management

Boltwood Capital Management acquired a new position in shares of iShares MSCI China ETF (NASDAQ:MCHI) in the 3rd quarter, Holdings Channel.com reports. The firm acquired 24,465 shares of the company’s stock, valued at approximately $1,277,000.

A number of other large investors also recently added to or reduced their stakes in the business. HB Wealth Management LLC lifted its position in iShares MSCI China ETF by 2.9% during the 2nd quarter. HB Wealth Management LLC now owns 9,945 shares of the company’s stock valued at $507,000 after purchasing an additional 278 shares during the period. New England Private Wealth Advisors LLC grew its position in shares of iShares MSCI China ETF by 1.2% during the 4th quarter. New England Private Wealth Advisors LLC now owns 23,441 shares of the company’s stock worth $1,408,000 after buying an additional 281 shares during the period. PFG Investments LLC grew its position in shares of iShares MSCI China ETF by 6.4% during the 1st quarter. PFG Investments LLC now owns 5,394 shares of the company’s stock worth $303,000 after buying an additional 326 shares during the period. BlackDiamond Wealth Management LLC raised its stake in shares of iShares MSCI China ETF by 5.8% during the fourth quarter. BlackDiamond Wealth Management LLC now owns 8,809 shares of the company’s stock worth $546,000 after buying an additional 481 shares during the last quarter. Finally, Rockefeller Capital Management L.P. raised its stake in shares of iShares MSCI China ETF by 7.1% during the fourth quarter. Rockefeller Capital Management L.P. now owns 7,358 shares of the company’s stock worth $442,000 after buying an additional 489 shares during the last quarter.

iShares MSCI China ETF Stock Down 1.7%

NASDAQ MCHI traded down $0.87 during trading hours on Friday, hitting $51.24. The company’s stock had a trading volume of 1,632,048 shares, compared to its average volume of 3,077,306. The stock has a fifty day moving average of $54.37 and a 200 day moving average of $55.01. iShares MSCI China ETF has a twelve month low of $49.88 and a twelve month high of $66.89. The firm has a market capitalization of $5.90 billion, a P/E ratio of 13.11 and a beta of 0.34.

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.