Temasek Holdings Private Ltd purchased a new position in shares of iShares MSCI China ETF (NASDAQ:MCHI – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 744,807 shares of the company’s stock, valued at approximately $44,741,000. Temasek Holdings Private Ltd owned approximately 0.59% of iShares MSCI China ETF as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds also recently bought and sold shares of MCHI. JPMorgan Chase & Co. increased its position in iShares MSCI China ETF by 522.9% during the third quarter. JPMorgan Chase & Co. now owns 3,102,717 shares of the company’s stock worth $204,314,000 after buying an additional 2,604,585 shares in the last quarter. Bank of America Corp DE boosted its holdings in shares of iShares MSCI China ETF by 855.9% during the third quarter. Bank of America Corp DE now owns 1,479,714 shares of the company’s stock worth $97,439,000 after purchasing an additional 1,324,910 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of iShares MSCI China ETF by 19,983.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 916,424 shares of the company’s stock worth $55,050,000 after purchasing an additional 911,861 shares during the last quarter. Phoenix Financial Ltd. boosted its holdings in shares of iShares MSCI China ETF by 164.6% during the fourth quarter. Phoenix Financial Ltd. now owns 1,322,800 shares of the company’s stock worth $79,461,000 after purchasing an additional 822,800 shares during the last quarter. Finally, Morgan Stanley boosted its holdings in shares of iShares MSCI China ETF by 16.5% during the fourth quarter. Morgan Stanley now owns 3,366,959 shares of the company’s stock worth $202,253,000 after purchasing an additional 476,032 shares during the last quarter.
iShares MSCI China ETF Stock Up 0.2%
MCHI stock opened at $54.93 on Tuesday. iShares MSCI China ETF has a 52-week low of $53.40 and a 52-week high of $67.37. The stock’s fifty day simple moving average is $56.70 and its 200-day simple moving average is $59.05. The stock has a market capitalization of $6.44 billion, a price-to-earnings ratio of 13.11 and a beta of 0.32.
iShares MSCI China ETF Dividend Announcement
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.
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