Measured Wealth Private Client Group LLC Increases Stake in iShares MSCI China ETF $MCHI

Measured Wealth Private Client Group LLC grew its stake in iShares MSCI China ETF (NASDAQ:MCHI) by 143.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 45,401 shares of the company’s stock after buying an additional 26,760 shares during the quarter. iShares MSCI China ETF comprises 0.7% of Measured Wealth Private Client Group LLC’s portfolio, making the stock its 25th largest holding. Measured Wealth Private Client Group LLC’s holdings in iShares MSCI China ETF were worth $2,727,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Financial Life Planners purchased a new position in shares of iShares MSCI China ETF in the 3rd quarter valued at about $26,000. JPL Wealth Management LLC acquired a new stake in shares of iShares MSCI China ETF during the 3rd quarter worth about $34,000. Advisory Services Network LLC acquired a new stake in shares of iShares MSCI China ETF during the 3rd quarter worth about $39,000. Whittier Trust Co. acquired a new stake in shares of iShares MSCI China ETF during the 4th quarter worth about $38,000. Finally, Aventura Private Wealth LLC acquired a new stake in shares of iShares MSCI China ETF during the 4th quarter worth about $38,000.

iShares MSCI China ETF Stock Performance

Shares of NASDAQ MCHI opened at $55.10 on Friday. iShares MSCI China ETF has a fifty-two week low of $52.53 and a fifty-two week high of $67.37. The firm has a market capitalization of $6.46 billion, a PE ratio of 13.11 and a beta of 0.34. The stock’s 50-day simple moving average is $56.89 and its 200-day simple moving average is $59.70.

iShares MSCI China ETF 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.