Stock Traders Buy Large Volume of iShares MSCI China ETF Call Options (NASDAQ:MCHI)

iShares MSCI China ETF (NASDAQ:MCHI) was the recipient of unusually large options trading on Tuesday. Stock traders bought 11,711 call options on the stock. This represents an increase of approximately 501% compared to the average volume of 1,947 call options.

Institutional Trading of iShares MSCI China ETF

Institutional investors have recently modified their holdings of the company. Trexquant Investment LP bought a new position in iShares MSCI China ETF during the 4th quarter valued at approximately $200,000. Morningstar Investment Services LLC boosted its holdings in iShares MSCI China ETF by 98.6% in the fourth quarter. Morningstar Investment Services LLC now owns 1,645,445 shares of the company’s stock valued at $66,575,000 after acquiring an additional 817,094 shares in the last quarter. Elo Mutual Pension Insurance Co purchased a new position in iShares MSCI China ETF during the 4th quarter valued at $33,835,000. Bridgewater Associates LP lifted its position in shares of iShares MSCI China ETF by 1.6% in the 4th quarter. Bridgewater Associates LP now owns 1,972,950 shares of the company’s stock worth $80,378,000 after purchasing an additional 31,095 shares during the period. Finally, Financial Network Wealth Advisors LLC bought a new stake in shares of iShares MSCI China ETF during the 4th quarter valued at about $718,000.

iShares MSCI China ETF Stock Up 6.6 %

NASDAQ:MCHI opened at $56.48 on Thursday. The firm has a market capitalization of $5.81 billion, a P/E ratio of 10.76 and a beta of 0.49. iShares MSCI China ETF has a 52 week low of $35.58 and a 52 week high of $56.51. The company has a fifty day moving average of $42.78 and a 200 day moving average of $42.69.

About iShares MSCI China ETF

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.