Darwin Wealth Management LLC Sells 52,228 Shares of iShares MSCI China ETF (NASDAQ:MCHI)

Darwin Wealth Management LLC reduced its position in iShares MSCI China ETF (NASDAQ:MCHI) by 94.8% during the third quarter, Holdings Channel reports. The institutional investor owned 2,848 shares of the company’s stock after selling 52,228 shares during the quarter. Darwin Wealth Management LLC’s holdings in iShares MSCI China ETF were worth $145,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Meitav Investment House Ltd. raised its holdings in shares of iShares MSCI China ETF by 1.7% during the 3rd quarter. Meitav Investment House Ltd. now owns 2,910,106 shares of the company’s stock worth $142,225,000 after acquiring an additional 48,240 shares during the period. Elo Mutual Pension Insurance Co grew its holdings in iShares MSCI China ETF by 30.4% in the second quarter. Elo Mutual Pension Insurance Co now owns 1,082,669 shares of the company’s stock valued at $45,656,000 after purchasing an additional 252,156 shares during the last quarter. Angeles Investment Advisors LLC boosted its stake in shares of iShares MSCI China ETF by 104.7% during the third quarter. Angeles Investment Advisors LLC now owns 604,000 shares of the company’s stock valued at $30,750,000 after acquiring an additional 309,000 shares during the last quarter. The Manufacturers Life Insurance Company raised its holdings in shares of iShares MSCI China ETF by 69.7% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 308,775 shares of the company’s stock worth $13,021,000 after purchasing an additional 126,823 shares during the period. Finally, Comerica Bank raised its holdings in shares of iShares MSCI China ETF by 6.5% during the 1st quarter. Comerica Bank now owns 174,784 shares of the company’s stock valued at $6,944,000 after buying an additional 10,615 shares during the period.

iShares MSCI China ETF Trading Up 0.6 %

Shares of MCHI opened at $47.98 on Thursday. iShares MSCI China ETF has a 52 week low of $35.58 and a 52 week high of $59.78. The firm has a market cap of $6.04 billion, a price-to-earnings ratio of 10.76 and a beta of 0.49. The stock has a 50 day moving average of $49.09 and a 200-day moving average of $45.11.

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.