Safe Harbor Fiduciary LLC Takes $27,000 Position in iShares MSCI China ETF (NASDAQ:MCHI)

Safe Harbor Fiduciary LLC bought a new stake in iShares MSCI China ETF (NASDAQ:MCHI) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 522 shares of the company’s stock, valued at approximately $27,000.

Other hedge funds have also modified their holdings of the company. Meitav Investment House Ltd. boosted its stake in iShares MSCI China ETF by 1.7% during the third quarter. Meitav Investment House Ltd. now owns 2,910,106 shares of the company’s stock worth $142,225,000 after buying an additional 48,240 shares during the period. Elo Mutual Pension Insurance Co raised its holdings in iShares MSCI China ETF by 30.4% in the second quarter. Elo Mutual Pension Insurance Co now owns 1,082,669 shares of the company’s stock valued at $45,656,000 after acquiring an additional 252,156 shares in the last quarter. Angeles Investment Advisors LLC raised its holdings in iShares MSCI China ETF by 104.7% during the third quarter. Angeles Investment Advisors LLC now owns 604,000 shares of the company’s stock worth $30,750,000 after purchasing an additional 309,000 shares in the last quarter. Penserra Capital Management LLC raised its holdings in iShares MSCI China ETF by 4.3% during the third quarter. Penserra Capital Management LLC now owns 356,253 shares of the company’s stock worth $18,136,000 after purchasing an additional 14,546 shares in the last quarter. Finally, The Manufacturers Life Insurance Company increased its holdings in shares of iShares MSCI China ETF by 69.7% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 308,775 shares of the company’s stock valued at $13,021,000 after acquiring an additional 126,823 shares during the period.

iShares MSCI China ETF Price Performance

Shares of iShares MSCI China ETF stock opened at $47.39 on Friday. The firm’s fifty day simple moving average is $49.90 and its 200-day simple moving average is $45.23. The stock has a market capitalization of $5.96 billion, a price-to-earnings ratio of 10.76 and a beta of 0.49. iShares MSCI China ETF has a 12 month low of $35.58 and a 12 month high of $59.78.

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.