Prudential PLC Sells 272,080 Shares of iShares MSCI China ETF (NASDAQ:MCHI)

Prudential PLC decreased its position in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 99.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 790 shares of the company’s stock after selling 272,080 shares during the quarter. Prudential PLC’s holdings in iShares MSCI China ETF were worth $37,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Jones Financial Companies Lllp grew its position in iShares MSCI China ETF by 8,818.2% in the 4th quarter. Jones Financial Companies Lllp now owns 981 shares of the company’s stock worth $46,000 after purchasing an additional 970 shares in the last quarter. Avior Wealth Management LLC increased its position in shares of iShares MSCI China ETF by 114.2% during the fourth quarter. Avior Wealth Management LLC now owns 1,071 shares of the company’s stock valued at $50,000 after acquiring an additional 571 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. bought a new stake in iShares MSCI China ETF during the fourth quarter worth $68,000. Private Trust Co. NA boosted its position in iShares MSCI China ETF by 44.3% in the fourth quarter. Private Trust Co. NA now owns 1,766 shares of the company’s stock worth $83,000 after purchasing an additional 542 shares during the last quarter. Finally, Global Retirement Partners LLC grew its stake in iShares MSCI China ETF by 13.7% in the 4th quarter. Global Retirement Partners LLC now owns 2,570 shares of the company’s stock valued at $120,000 after purchasing an additional 309 shares during the period.

iShares MSCI China ETF Stock Performance

MCHI opened at $45.22 on Wednesday. iShares MSCI China ETF has a fifty-two week low of $38.83 and a fifty-two week high of $59.79. The firm has a 50-day moving average of $53.33 and a 200 day moving average of $50.18. The firm has a market cap of $5.23 billion, a P/E ratio of 13.16 and a beta of 0.49.

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.