iShares MSCI China ETF (NASDAQ:MCHI) Sees Unusually-High Trading Volume

iShares MSCI China ETF (NASDAQ:MCHIGet Rating) saw an uptick in trading volume on Tuesday . 124,936 shares changed hands during trading, a decline of 98% from the previous session’s volume of 6,399,247 shares.The stock last traded at $42.68 and had previously closed at $43.33.

iShares MSCI China ETF Trading Up 1.0 %

The business’s fifty day moving average is $41.85 and its 200 day moving average is $47.76.

Institutional Trading of iShares MSCI China ETF

A number of institutional investors have recently added to or reduced their stakes in MCHI. Parallel Advisors LLC acquired a new position in iShares MSCI China ETF during the second quarter worth about $33,000. San Luis Wealth Advisors LLC acquired a new position in iShares MSCI China ETF during the first quarter worth about $39,000. IAG Wealth Partners LLC raised its position in iShares MSCI China ETF by 44.6% during the second quarter. IAG Wealth Partners LLC now owns 810 shares of the company’s stock worth $45,000 after acquiring an additional 250 shares during the last quarter. ACG Wealth acquired a new position in iShares MSCI China ETF during the second quarter worth about $55,000. Finally, Ronald Blue Trust Inc. acquired a new position in iShares MSCI China ETF during the second quarter worth about $55,000.

iShares MSCI China ETF Company Profile

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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.

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