Tidal Investments LLC Increases Position in iShares MSCI China ETF $MCHI

Tidal Investments LLC lifted its position in iShares MSCI China ETF (NASDAQ:MCHI) by 176.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 183,962 shares of the company’s stock after buying an additional 117,473 shares during the quarter. Tidal Investments LLC owned approximately 0.16% of iShares MSCI China ETF worth $9,387,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in MCHI. Millennium Management LLC grew its holdings in iShares MSCI China ETF by 49.6% during the 1st quarter. Millennium Management LLC now owns 70,891 shares of the company’s stock worth $3,856,000 after acquiring an additional 23,513 shares in the last quarter. Jones Financial Companies Lllp grew its stake in iShares MSCI China ETF by 1,740.0% during the 1st quarter. Jones Financial Companies Lllp now owns 18,050 shares of the company’s stock worth $906,000 after buying an additional 17,069 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of iShares MSCI China ETF by 52.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 561,233 shares of the company’s stock valued at $30,531,000 after acquiring an additional 192,712 shares during the period. Empowered Funds LLC acquired a new stake in iShares MSCI China ETF during the 1st quarter worth $2,947,000. Finally, Woodline Partners LP acquired a new stake in iShares MSCI China ETF during the 1st quarter worth $2,026,000.

iShares MSCI China ETF Stock Up 0.3%

NASDAQ MCHI opened at $52.96 on Friday. iShares MSCI China ETF has a 52-week low of $49.88 and a 52-week high of $67.37. The business’s 50-day moving average price is $54.47 and its 200 day moving average price is $55.57. The firm has a market cap of $5.97 billion, a P/E 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.