Commonwealth Equity Services LLC Decreases Stake in iShares MSCI China ETF (NASDAQ:MCHI)

Commonwealth Equity Services LLC decreased its holdings in shares of iShares MSCI China ETF (NASDAQ:MCHI – Get Rating) by 44.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 23,277 shares of the company’s stock after selling 18,490 shares during the quarter. Commonwealth Equity Services LLC’s holdings in iShares MSCI China ETF were worth $1,105,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Red Tortoise LLC purchased a new stake in iShares MSCI China ETF in the fourth quarter valued at approximately $35,000. Global Retirement Partners LLC lifted its stake in iShares MSCI China ETF by 22.8% in the third quarter. Global Retirement Partners LLC now owns 1,565 shares of the company’s stock valued at $56,000 after buying an additional 291 shares during the last quarter. Parallel Advisors LLC lifted its stake in iShares MSCI China ETF by 40.3% in the fourth quarter. Parallel Advisors LLC now owns 4,345 shares of the company’s stock valued at $206,000 after buying an additional 1,247 shares during the last quarter. Thrivent Financial for Lutherans purchased a new stake in iShares MSCI China ETF in the second quarter valued at approximately $231,000. Finally, Integrated Advisors Network LLC lifted its stake in iShares MSCI China ETF by 14.4% in the fourth quarter. Integrated Advisors Network LLC now owns 5,372 shares of the company’s stock valued at $255,000 after buying an additional 678 shares during the last quarter.

iShares MSCI China ETF Trading Down 0.3 %

Shares of NASDAQ MCHI opened at $46.26 on Monday. The stock has a market cap of $8.03 billion, a P/E ratio of 10.23 and a beta of 0.49. The stock has a 50 day moving average of $48.16 and a two-hundred day moving average of $49.24. iShares MSCI China ETF has a twelve month low of $35.02 and a twelve month high of $57.08.

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.