Prudential PLC Has $17.57 Million Stock Holdings in iShares MSCI China ETF $MCHI

Prudential PLC cut its stake in iShares MSCI China ETF (NASDAQ:MCHI) by 59.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 292,500 shares of the company’s stock after selling 434,700 shares during the quarter. Prudential PLC owned approximately 0.23% of iShares MSCI China ETF worth $17,570,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. lifted its holdings in shares of iShares MSCI China ETF by 522.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,102,717 shares of the company’s stock valued at $204,314,000 after buying an additional 2,604,585 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich lifted its stake in iShares MSCI China ETF by 21.8% in the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 2,269,856 shares of the company’s stock valued at $136,350,000 after acquiring an additional 406,236 shares during the last quarter. Bank of America Corp DE lifted its stake in iShares MSCI China ETF by 855.9% in the third quarter. Bank of America Corp DE now owns 1,479,714 shares of the company’s stock valued at $97,439,000 after acquiring an additional 1,324,910 shares during the last quarter. Phoenix Financial Ltd. lifted its stake in iShares MSCI China ETF by 164.6% in the fourth quarter. Phoenix Financial Ltd. now owns 1,322,800 shares of the company’s stock valued at $79,461,000 after acquiring an additional 822,800 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in iShares MSCI China ETF by 19,983.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 916,424 shares of the company’s stock valued at $55,050,000 after acquiring an additional 911,861 shares during the last quarter.

iShares MSCI China ETF Stock Down 0.4%

NASDAQ MCHI opened at $55.73 on Friday. The stock has a market capitalization of $6.53 billion, a PE ratio of 13.11 and a beta of 0.32. The company has a 50 day moving average price of $56.87 and a two-hundred day moving average price of $59.42. iShares MSCI China ETF has a 12-month low of $53.47 and a 12-month high of $67.37.

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.