Temasek Holdings Private Ltd bought a new stake in iShares MSCI China ETF (NASDAQ:MCHI – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 744,807 shares of the company’s stock, valued at approximately $44,741,000.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Fort Sheridan Advisors LLC boosted its holdings in iShares MSCI China ETF by 5.2% in the fourth quarter. Fort Sheridan Advisors LLC now owns 3,397 shares of the company’s stock valued at $204,000 after acquiring an additional 168 shares during the last quarter. Banque Cantonale Vaudoise boosted its holdings in iShares MSCI China ETF by 11.2% in the fourth quarter. Banque Cantonale Vaudoise now owns 1,777 shares of the company’s stock valued at $107,000 after acquiring an additional 179 shares during the last quarter. Bank of Nova Scotia boosted its holdings in iShares MSCI China ETF by 1.5% in the second quarter. Bank of Nova Scotia now owns 17,052 shares of the company’s stock valued at $939,000 after acquiring an additional 246 shares during the last quarter. IHT Wealth Management LLC boosted its holdings in iShares MSCI China ETF by 2.2% in the second quarter. IHT Wealth Management LLC now owns 13,101 shares of the company’s stock valued at $722,000 after acquiring an additional 277 shares during the last quarter. Finally, New England Private Wealth Advisors LLC boosted its holdings in iShares MSCI China ETF by 1.2% in the fourth quarter. New England Private Wealth Advisors LLC now owns 23,441 shares of the company’s stock valued at $1,408,000 after acquiring an additional 281 shares during the last quarter.
iShares MSCI China ETF Trading Up 0.2%
Shares of iShares MSCI China ETF stock opened at $54.93 on Tuesday. iShares MSCI China ETF has a twelve month low of $53.40 and a twelve month high of $67.37. The stock has a market capitalization of $6.44 billion, a P/E ratio of 13.11 and a beta of 0.32. The business’s fifty day moving average price is $56.70 and its 200 day moving average price is $59.05.
iShares MSCI China ETF Dividend Announcement
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.
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