Cambridge Investment Research Advisors Inc. Reduces Stock Holdings in iShares MSCI China ETF (NASDAQ:MCHI)

Cambridge Investment Research Advisors Inc. lessened its position in shares of iShares MSCI China ETF (NASDAQ:MCHI – Get Rating) by 3.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 14,954 shares of the company’s stock after selling 485 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in iShares MSCI China ETF were worth $710,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in MCHI. HighTower Advisors LLC grew its stake in iShares MSCI China ETF by 3.5% during the 1st quarter. HighTower Advisors LLC now owns 8,833 shares of the company’s stock valued at $468,000 after purchasing an additional 296 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in iShares MSCI China ETF by 116.2% during the 1st quarter. PNC Financial Services Group Inc. now owns 6,148 shares of the company’s stock valued at $325,000 after purchasing an additional 3,304 shares during the last quarter. BlackRock Inc. grew its stake in iShares MSCI China ETF by 12.6% during the 1st quarter. BlackRock Inc. now owns 724,356 shares of the company’s stock valued at $38,311,000 after purchasing an additional 81,273 shares during the last quarter. Prudential Financial Inc. grew its stake in iShares MSCI China ETF by 12.4% during the 1st quarter. Prudential Financial Inc. now owns 96,782 shares of the company’s stock valued at $5,118,000 after purchasing an additional 10,715 shares during the last quarter. Finally, Interchange Capital Partners LLC lifted its holdings in shares of iShares MSCI China ETF by 114.4% in the 1st quarter. Interchange Capital Partners LLC now owns 9,060 shares of the company’s stock valued at $479,000 after buying an additional 4,834 shares during the period.

iShares MSCI China ETF Stock Up 1.4 %

Shares of MCHI stock opened at $46.91 on Tuesday. The stock has a market cap of $8.14 billion, a PE ratio of 10.23 and a beta of 0.49. The business has a 50-day simple moving average of $48.11 and a 200-day simple moving average of $49.19. iShares MSCI China ETF has a 52-week low of $35.02 and a 52-week 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.