iShares MSCI China ETF (NASDAQ:MCHI) Stake Boosted by Cwm LLC

Cwm LLC boosted its stake in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 359.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,176 shares of the company’s stock after buying an additional 1,702 shares during the period. Cwm LLC’s holdings in iShares MSCI China ETF were worth $89,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Forte Asset Management LLC purchased a new stake in shares of iShares MSCI China ETF in the 4th quarter valued at approximately $1,242,000. AlphaQ Advisors LLC boosted its position in shares of iShares MSCI China ETF by 27.8% in the fourth quarter. AlphaQ Advisors LLC now owns 24,279 shares of the company’s stock worth $989,000 after buying an additional 5,285 shares during the period. DHK Financial Advisors Inc. grew its holdings in shares of iShares MSCI China ETF by 2.4% during the fourth quarter. DHK Financial Advisors Inc. now owns 22,407 shares of the company’s stock valued at $913,000 after buying an additional 535 shares in the last quarter. Helios Capital Management PTE. Ltd. acquired a new position in iShares MSCI China ETF during the fourth quarter valued at $407,000. Finally, Cerity Partners LLC purchased a new stake in iShares MSCI China ETF in the 4th quarter worth about $470,000.

iShares MSCI China ETF Price Performance

NASDAQ:MCHI opened at $44.24 on Wednesday. The stock has a market cap of $5.24 billion, a PE ratio of 9.70 and a beta of 0.49. iShares MSCI China ETF has a fifty-two week low of $35.58 and a fifty-two week high of $49.94. The stock’s 50-day moving average is $40.43 and its two-hundred day moving average is $40.32.

About iShares MSCI China ETF

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.