WestEnd Advisors LLC Has $300,000 Stock Holdings in iShares MSCI China ETF $MCHI

WestEnd Advisors LLC trimmed its position in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 3.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,449 shares of the company’s stock after selling 213 shares during the quarter. WestEnd Advisors LLC’s holdings in iShares MSCI China ETF were worth $300,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Gallacher Capital Management LLC boosted its position in shares of iShares MSCI China ETF by 0.9% during the second quarter. Gallacher Capital Management LLC now owns 31,375 shares of the company’s stock worth $1,729,000 after purchasing an additional 273 shares in the last quarter. Arrow Investment Advisors LLC boosted its position in shares of iShares MSCI China ETF by 2.5% during the second quarter. Arrow Investment Advisors LLC now owns 11,974 shares of the company’s stock worth $660,000 after purchasing an additional 294 shares in the last quarter. OneDigital Investment Advisors LLC boosted its position in shares of iShares MSCI China ETF by 5.2% during the first quarter. OneDigital Investment Advisors LLC now owns 6,153 shares of the company’s stock worth $335,000 after purchasing an additional 305 shares in the last quarter. Farther Finance Advisors LLC boosted its position in shares of iShares MSCI China ETF by 6.0% during the second quarter. Farther Finance Advisors LLC now owns 9,081 shares of the company’s stock worth $500,000 after purchasing an additional 515 shares in the last quarter. Finally, Elequin Capital LP bought a new position in shares of iShares MSCI China ETF during the first quarter worth $31,000.

iShares MSCI China ETF Stock Down 1.2%

Shares of NASDAQ MCHI opened at $65.81 on Wednesday. The company’s fifty day moving average is $61.91 and its 200-day moving average is $56.64. The stock has a market cap of $8.49 billion, a price-to-earnings ratio of 13.11 and a beta of 0.49. iShares MSCI China ETF has a twelve month low of $43.70 and a twelve month high of $67.37.

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.