Matthews China Active ETF $MCH Shares Purchased by Summit Place Financial Advisors LLC

Summit Place Financial Advisors LLC boosted its position in Matthews China Active ETF (NYSEARCA:MCH) by 1.8% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 63,070 shares of the company’s stock after purchasing an additional 1,090 shares during the quarter. Summit Place Financial Advisors LLC owned about 0.08% of Matthews China Active ETF worth $1,545,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in MCH. Altfest L J & Co. Inc. grew its holdings in Matthews China Active ETF by 3.7% in the 1st quarter. Altfest L J & Co. Inc. now owns 412,784 shares of the company’s stock valued at $10,050,000 after buying an additional 14,863 shares during the period. OLD Mission Capital LLC grew its holdings in Matthews China Active ETF by 147.5% in the 1st quarter. OLD Mission Capital LLC now owns 264,601 shares of the company’s stock valued at $6,442,000 after buying an additional 157,690 shares during the period. Merkkuri Wealth Advisors LLC purchased a new stake in Matthews China Active ETF in the 1st quarter valued at about $1,724,000. Jane Street Group LLC grew its holdings in Matthews China Active ETF by 37.8% in the 1st quarter. Jane Street Group LLC now owns 35,284 shares of the company’s stock valued at $859,000 after buying an additional 9,686 shares during the period. Finally, Goldman Sachs Group Inc. grew its holdings in Matthews China Active ETF by 69.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 20,000 shares of the company’s stock valued at $487,000 after buying an additional 8,201 shares during the period.

Matthews China Active ETF Price Performance

MCH opened at $28.40 on Friday. The stock has a market capitalization of $22.72 million, a price-to-earnings ratio of 12.47 and a beta of 1.70. The business has a 50-day moving average of $28.52 and a two-hundred day moving average of $25.44. Matthews China Active ETF has a 12 month low of $20.06 and a 12 month high of $30.97.

About Matthews China Active ETF

The Matthews China Active ETF (MCH) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to hold stocks of Chinese companies that are fundamentally screened for sustainable growth. The fund also considers ESG factors in the investment process. MCH was launched on Jul 13, 2022 and is managed by Matthews.