Hsbc Holdings PLC Has $3.76 Million Position in iShares MSCI Thailand ETF (NYSEARCA:THD)

Hsbc Holdings PLC cut its position in shares of iShares MSCI Thailand ETF (NYSEARCA:THD) by 6.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 62,250 shares of the company’s stock after selling 4,100 shares during the period. Hsbc Holdings PLC owned 1.54% of iShares MSCI Thailand ETF worth $3,762,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. JPMorgan Chase & Co. lifted its holdings in iShares MSCI Thailand ETF by 32.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 9,412 shares of the company’s stock valued at $652,000 after purchasing an additional 2,286 shares during the last quarter. Blue Trust Inc. raised its position in shares of iShares MSCI Thailand ETF by 127.3% in the fourth quarter. Blue Trust Inc. now owns 4,010 shares of the company’s stock valued at $242,000 after purchasing an additional 2,246 shares during the period. SBI Securities Co. Ltd. bought a new position in shares of iShares MSCI Thailand ETF in the fourth quarter valued at about $191,000. Amundi acquired a new stake in shares of iShares MSCI Thailand ETF during the 4th quarter worth about $350,000. Finally, Wealthfront Advisers LLC bought a new stake in shares of iShares MSCI Thailand ETF during the 4th quarter worth about $388,000.

iShares MSCI Thailand ETF Stock Up 0.5 %

iShares MSCI Thailand ETF stock opened at $53.63 on Wednesday. The company’s 50-day moving average price is $52.41 and its two-hundred day moving average price is $58.47. The stock has a market cap of $187.71 million, a P/E ratio of 14.43 and a beta of 0.69. iShares MSCI Thailand ETF has a twelve month low of $45.23 and a twelve month high of $69.99.

iShares MSCI Thailand ETF Profile

The iShares MSCI Thailand ETF (THD) is an exchange-traded fund that is based on the MSCI Thailand IMI 25-50 index, a market-cap-weighted index of the Thai equity market. THD was launched on Mar 26, 2008 and is managed by BlackRock.