iShares MSCI China ETF $MCHI Position Trimmed by Jordan Park Group LLC

Jordan Park Group LLC trimmed its holdings in iShares MSCI China ETF (NASDAQ:MCHI) by 22.0% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 547,358 shares of the company’s stock after selling 154,503 shares during the quarter. iShares MSCI China ETF comprises approximately 1.4% of Jordan Park Group LLC’s portfolio, making the stock its 13th biggest position. Jordan Park Group LLC owned approximately 0.49% of iShares MSCI China ETF worth $28,567,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in MCHI. Bank Julius Baer & Co. Ltd Zurich acquired a new stake in iShares MSCI China ETF during the third quarter worth approximately $108,253,000. SPX Gestao de Recursos Ltda purchased a new position in shares of iShares MSCI China ETF in the 1st quarter valued at $54,607,000. Lido Advisors LLC purchased a new position in shares of iShares MSCI China ETF in the 3rd quarter valued at $31,557,000. Envestnet Asset Management Inc. raised its stake in iShares MSCI China ETF by 859.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 488,288 shares of the company’s stock worth $24,915,000 after acquiring an additional 437,395 shares in the last quarter. Finally, New York Life Investment Management LLC acquired a new stake in iShares MSCI China ETF during the 3rd quarter worth $18,285,000.

iShares MSCI China ETF Price Performance

Shares of MCHI opened at $49.75 on Friday. iShares MSCI China ETF has a 1-year low of $48.65 and a 1-year high of $65.37. The stock has a market cap of $5.61 billion, a PE ratio of 11.52 and a beta of 0.33. The firm has a fifty day moving average price of $51.70 and a 200 day moving average price of $55.24.

iShares MSCI China ETF 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.