iShares MSCI China ETF $MCHI Shares Sold by Jordan Park Group LLC

Jordan Park Group LLC lowered its position in iShares MSCI China ETF (NASDAQ:MCHI) by 22.0% in the third quarter, Holdings Channel.com reports. The institutional investor owned 547,358 shares of the company’s stock after selling 154,503 shares during the period. iShares MSCI China ETF comprises approximately 1.4% of Jordan Park Group LLC’s holdings, making the stock its 13th largest position. Jordan Park Group LLC’s holdings in iShares MSCI China ETF were worth $28,567,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MCHI. Fifth Third Bancorp grew its position in shares of iShares MSCI China ETF by 151.2% during the third quarter. Fifth Third Bancorp now owns 168,517 shares of the company’s stock worth $8,795,000 after acquiring an additional 101,433 shares during the last quarter. Lido Advisors LLC acquired a new position in shares of iShares MSCI China ETF in the 3rd quarter valued at $31,557,000. New York Life Investment Management LLC acquired a new position in shares of iShares MSCI China ETF in the 3rd quarter valued at $18,285,000. 180 Wealth Advisors LLC raised its position in 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 valued at $3,901,000 after purchasing an additional 8,267 shares during the last quarter. Finally, StoneX Group Inc. purchased a new stake in iShares MSCI China ETF in the 3rd quarter valued at $403,000.

iShares MSCI China ETF Price Performance

Shares of NASDAQ:MCHI opened at $49.75 on Friday. The stock has a market cap of $5.61 billion, a P/E ratio of 11.52 and a beta of 0.33. The firm has a fifty day moving average price of $51.70 and a 200 day moving average price of $55.24. iShares MSCI China ETF has a 1-year low of $48.65 and a 1-year 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.