Aspen Wealth Strategies LLC bought a new position in shares of iShares MSCI China ETF (NASDAQ:MCHI – Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 7,614 shares of the company’s stock, valued at approximately $357,000.
A number of other institutional investors have also added to or reduced their stakes in the company. Nipun Capital L.P. grew its position in iShares MSCI China ETF by 2.3% during the fourth quarter. Nipun Capital L.P. now owns 738,200 shares of the company’s stock worth $34,592,000 after buying an additional 16,700 shares in the last quarter. Amundi lifted its stake in iShares MSCI China ETF by 1.7% during the fourth quarter. Amundi now owns 308,500 shares of the company’s stock worth $13,861,000 after purchasing an additional 5,200 shares during the period. Bank Julius Baer & Co. Ltd Zurich lifted its stake in iShares MSCI China ETF by 7.4% during the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 4,307 shares of the company’s stock worth $223,000 after purchasing an additional 298 shares during the period. Raymond James Financial Inc. bought a new position in iShares MSCI China ETF during the fourth quarter worth about $3,973,000. Finally, Assetmark Inc. lifted its stake in iShares MSCI China ETF by 15,805.7% during the fourth quarter. Assetmark Inc. now owns 64,577 shares of the company’s stock worth $3,026,000 after purchasing an additional 64,171 shares during the period.
iShares MSCI China ETF Stock Up 2.2 %
Shares of MCHI opened at $58.65 on Tuesday. The stock has a market cap of $6.29 billion, a price-to-earnings ratio of 13.52 and a beta of 0.49. iShares MSCI China ETF has a 12 month low of $38.83 and a 12 month high of $59.79. The company has a 50-day moving average price of $50.79 and a two-hundred day moving average price of $48.79.
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.
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