3EDGE Asset Management LP Trims Holdings in iShares MSCI China ETF $MCHI

3EDGE Asset Management LP trimmed its holdings in iShares MSCI China ETF (NASDAQ:MCHI) by 14.5% in the 4th quarter, Holdings Channel reports. The fund owned 60,035 shares of the company’s stock after selling 10,148 shares during the quarter. 3EDGE Asset Management LP’s holdings in iShares MSCI China ETF were worth $3,606,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of MCHI. Angeles Investment Advisors LLC bought a new position in shares of iShares MSCI China ETF during the 3rd quarter valued at $14,948,000. Strategic Investment Advisors MI purchased a new stake in iShares MSCI China ETF during the third quarter valued at $1,945,000. JPMorgan Chase & Co. lifted its holdings in iShares MSCI China ETF by 522.9% in the third quarter. JPMorgan Chase & Co. now owns 3,102,717 shares of the company’s stock valued at $204,314,000 after acquiring an additional 2,604,585 shares during the period. Caprock Group LLC bought a new position in iShares MSCI China ETF in the third quarter valued at about $1,306,000. Finally, Banco Bilbao Vizcaya Argentaria S.A. boosted its position in iShares MSCI China ETF by 4.0% in the third quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 712,244 shares of the company’s stock worth $46,850,000 after purchasing an additional 27,070 shares during the last quarter.

iShares MSCI China ETF Price Performance

Shares of iShares MSCI China ETF stock opened at $56.58 on Wednesday. iShares MSCI China ETF has a 1-year low of $52.53 and a 1-year high of $67.37. The company’s fifty day simple moving average is $57.27 and its 200-day simple moving average is $60.12. The stock has a market capitalization of $6.63 billion, a PE ratio of 13.11 and a beta of 0.34.

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. Securities are weighted based on the total market value of their shares so that securities with higher total market values generally have a higher representation in the index.