Wealthfront Advisers LLC Sells 5,595 Shares of iShares MSCI China ETF $MCHI

Wealthfront Advisers LLC lessened its holdings in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 6.5% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 80,479 shares of the company’s stock after selling 5,595 shares during the period. Wealthfront Advisers LLC owned approximately 0.07% of iShares MSCI China ETF worth $4,434,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Jordan Park Group LLC increased its position in iShares MSCI China ETF by 83.1% in the 2nd quarter. Jordan Park Group LLC now owns 596,945 shares of the company’s stock worth $32,892,000 after buying an additional 270,839 shares during the period. 3EDGE Asset Management LP boosted its position in shares of iShares MSCI China ETF by 441.5% in the second quarter. 3EDGE Asset Management LP now owns 298,718 shares of the company’s stock valued at $16,467,000 after acquiring an additional 243,553 shares during the period. Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD grew its stake in shares of iShares MSCI China ETF by 1.7% in the second quarter. Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD now owns 189,144 shares of the company’s stock worth $10,428,000 after acquiring an additional 3,149 shares during the last quarter. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD increased its position in iShares MSCI China ETF by 1.2% during the second quarter. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD now owns 560,714 shares of the company’s stock worth $30,914,000 after acquiring an additional 6,823 shares during the period. Finally, 180 Wealth Advisors LLC raised its stake in iShares MSCI China ETF by 18.5% during the 2nd quarter. 180 Wealth Advisors LLC now owns 42,456 shares of the company’s stock valued at $2,339,000 after purchasing an additional 6,621 shares during the last quarter.

iShares MSCI China ETF Price Performance

Shares of iShares MSCI China ETF stock opened at $65.12 on Wednesday. The company has a market cap of $8.35 billion, a PE ratio of 13.11 and a beta of 0.26. The firm has a fifty day moving average price of $63.53 and a two-hundred day moving average price of $57.99. iShares MSCI China ETF has a fifty-two week low of $43.70 and a fifty-two week high of $67.37.

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.