Mirae Asset Global Investments Co. Ltd. Acquires 131,346 Shares of iShares MSCI China ETF $MCHI

Mirae Asset Global Investments Co. Ltd. increased its holdings in iShares MSCI China ETF (NASDAQ:MCHI) by 46.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 413,377 shares of the company’s stock after acquiring an additional 131,346 shares during the period. Mirae Asset Global Investments Co. Ltd. owned about 0.36% of iShares MSCI China ETF worth $22,777,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Parallel Advisors LLC grew its holdings in shares of iShares MSCI China ETF by 10.0% in the first quarter. Parallel Advisors LLC now owns 2,750 shares of the company’s stock valued at $150,000 after acquiring an additional 250 shares in the last quarter. Gallacher Capital Management LLC grew its holdings in 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 valued at $1,729,000 after purchasing an additional 273 shares during the period. Arrow Investment Advisors LLC grew its holdings in 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 valued at $660,000 after purchasing an additional 294 shares during the period. OneDigital Investment Advisors LLC grew its holdings in 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 valued at $335,000 after purchasing an additional 305 shares during the period. Finally, Farther Finance Advisors LLC grew its holdings in 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 valued at $500,000 after purchasing an additional 515 shares during the period.

iShares MSCI China ETF Trading Down 0.7%

Shares of NASDAQ MCHI opened at $66.55 on Friday. The stock has a fifty day simple moving average of $61.61 and a two-hundred day simple moving average of $56.52. iShares MSCI China ETF has a 1-year low of $43.70 and a 1-year high of $67.37. The firm has a market cap of $8.15 billion, a price-to-earnings ratio of 13.11 and a beta of 0.49.

About iShares MSCI China ETF

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.