Marshall Wace LLP lifted its position in iShares MSCI China ETF (NASDAQ:MCHI) by 326.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,256 shares of the company’s stock after buying an additional 17,036 shares during the quarter. Marshall Wace LLP’s holdings in iShares MSCI China ETF were worth $1,438,000 at the end of the most recent quarter.
Several other institutional investors have also recently made changes to their positions in MCHI. Envestnet Asset Management Inc. raised its stake in iShares MSCI China ETF by 18.3% in the first quarter. Envestnet Asset Management Inc. now owns 29,848 shares of the company’s stock valued at $2,030,000 after purchasing an additional 4,617 shares in the last quarter. Cetera Advisor Networks LLC purchased a new stake in iShares MSCI China ETF in the first quarter valued at approximately $204,000. IFP Advisors Inc raised its stake in iShares MSCI China ETF by 964.9% in the first quarter. IFP Advisors Inc now owns 13,332 shares of the company’s stock valued at $914,000 after purchasing an additional 12,080 shares in the last quarter. Stratos Wealth Partners LTD. purchased a new stake in iShares MSCI China ETF in the first quarter valued at approximately $103,000. Finally, WBI Investments Inc. purchased a new stake in iShares MSCI China ETF in the first quarter valued at approximately $1,196,000.
MCHI traded up $1.82 on Friday, reaching $55.07. The company had a trading volume of 12,702,980 shares, compared to its average volume of 3,773,514. iShares MSCI China ETF has a 52-week low of $52.37 and a 52-week high of $76.72.
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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