SCS Capital Management LLC Decreases Holdings in iShares MSCI China ETF $MCHI

SCS Capital Management LLC trimmed its holdings in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 24.3% in the fourth quarter, Holdings Channel reports. The institutional investor owned 48,546 shares of the company’s stock after selling 15,547 shares during the period. SCS Capital Management LLC’s holdings in iShares MSCI China ETF were worth $2,916,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the business. Angeles Investment Advisors LLC acquired a new position in iShares MSCI China ETF in the third quarter valued at $14,948,000. JPMorgan Chase & Co. boosted its stake in iShares MSCI China ETF by 522.9% in the third quarter. JPMorgan Chase & Co. now owns 3,102,717 shares of the company’s stock valued at $204,314,000 after acquiring an additional 2,604,585 shares in the last quarter. Jordan Park Group LLC boosted its stake in iShares MSCI China ETF by 28.0% in the fourth quarter. Jordan Park Group LLC now owns 722,206 shares of the company’s stock valued at $43,383,000 after acquiring an additional 157,985 shares in the last quarter. Strategic Investment Advisors MI acquired a new position in iShares MSCI China ETF in the third quarter valued at $1,945,000. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in iShares MSCI China ETF by 19,983.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 916,424 shares of the company’s stock valued at $55,050,000 after acquiring an additional 911,861 shares in the last quarter.

iShares MSCI China ETF Price Performance

NASDAQ MCHI opened at $55.40 on Tuesday. iShares MSCI China ETF has a 1 year low of $52.87 and a 1 year high of $67.37. The company has a market capitalization of $6.49 billion, a PE ratio of 13.11 and a beta of 0.34. The company has a fifty day moving average of $56.86 and a two-hundred day moving average of $59.60.

iShares MSCI China ETF Company 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.