Interchange Capital Partners LLC Sells 1,232 Shares of iShares MSCI China ETF (NASDAQ:MCHI)

Interchange Capital Partners LLC cut its stake in iShares MSCI China ETF (NASDAQ:MCHI) by 21.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,390 shares of the company’s stock after selling 1,232 shares during the quarter. Interchange Capital Partners LLC’s holdings in iShares MSCI China ETF were worth $206,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in MCHI. Alberta Investment Management Corp boosted its position in iShares MSCI China ETF by 66.6% during the fourth quarter. Alberta Investment Management Corp now owns 2,979,356 shares of the company’s stock valued at $139,613,000 after purchasing an additional 1,191,466 shares in the last quarter. TT International Asset Management LTD bought a new stake in shares of iShares MSCI China ETF in the 3rd quarter valued at about $35,807,000. Flow Traders U.S. LLC purchased a new position in shares of iShares MSCI China ETF in the 3rd quarter worth approximately $14,982,000. Galvin Gaustad & Stein LLC purchased a new stake in iShares MSCI China ETF during the fourth quarter valued at approximately $11,211,000. Finally, Erste Asset Management GmbH acquired a new stake in iShares MSCI China ETF in the third quarter valued at approximately $10,260,000.

iShares MSCI China ETF Trading Down 0.1 %

Shares of MCHI stock opened at $55.61 on Tuesday. iShares MSCI China ETF has a 12-month low of $38.83 and a 12-month high of $59.79. The business’s fifty day simple moving average is $52.03 and its 200-day simple moving average is $49.33. The company has a market cap of $5.96 billion, a PE ratio of 13.52 and a beta of 0.49.

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.