iShares MSCI China ETF (NASDAQ:MCHI) Shares Purchased by Cresset Asset Management LLC

Cresset Asset Management LLC increased its stake in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 57.2% in the 4th quarter, Holdings Channel reports. The firm owned 26,642 shares of the company’s stock after purchasing an additional 9,694 shares during the period. Cresset Asset Management LLC’s holdings in iShares MSCI China ETF were worth $1,248,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. Cetera Investment Advisers grew its stake in iShares MSCI China ETF by 5.5% during the 4th quarter. Cetera Investment Advisers now owns 7,587 shares of the company’s stock valued at $356,000 after acquiring an additional 394 shares in the last quarter. Castlekeep Investment Advisors LLC purchased a new stake in iShares MSCI China ETF during the 4th quarter valued at about $12,297,000. Ameriprise Financial Inc. grew its stake in iShares MSCI China ETF by 82.6% during the 4th quarter. Ameriprise Financial Inc. now owns 292,664 shares of the company’s stock valued at $13,714,000 after acquiring an additional 132,392 shares in the last quarter. Itau Unibanco Holding S.A. purchased a new stake in iShares MSCI China ETF during the 4th quarter valued at about $253,000. Finally, Comerica Bank grew its stake in iShares MSCI China ETF by 65.3% during the 4th quarter. Comerica Bank now owns 203,372 shares of the company’s stock valued at $9,530,000 after acquiring an additional 80,344 shares in the last quarter.

iShares MSCI China ETF Trading Down 0.4%

Shares of NASDAQ MCHI opened at $53.25 on Monday. iShares MSCI China ETF has a 12-month low of $39.95 and a 12-month high of $59.79. The stock has a market cap of $5.68 billion, a PE ratio of 12.54 and a beta of 0.49. The company has a 50-day moving average of $52.81 and a 200 day moving average of $50.15.

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.