Envestnet Asset Management Inc. Lowers Stock Position in iShares MSCI China ETF (NASDAQ:MCHI)

Envestnet Asset Management Inc. trimmed its position in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 2.4% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 746,773 shares of the company’s stock after selling 18,391 shares during the period. Envestnet Asset Management Inc.’s holdings in iShares MSCI China ETF were worth $31,491,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Meitav Investment House Ltd. increased its stake in iShares MSCI China ETF by 80.3% during the second quarter. Meitav Investment House Ltd. now owns 2,861,866 shares of the company’s stock worth $120,663,000 after acquiring an additional 1,275,000 shares during the last quarter. Bridgewater Associates LP increased its position in iShares MSCI China ETF by 1.6% during the 4th quarter. Bridgewater Associates LP now owns 1,972,950 shares of the company’s stock worth $80,378,000 after purchasing an additional 31,095 shares in the last quarter. Morningstar Investment Services LLC raised its holdings in iShares MSCI China ETF by 98.6% in the fourth quarter. Morningstar Investment Services LLC now owns 1,645,445 shares of the company’s stock valued at $66,575,000 after buying an additional 817,094 shares during the period. DRW Securities LLC lifted its position in iShares MSCI China ETF by 81.9% during the fourth quarter. DRW Securities LLC now owns 865,990 shares of the company’s stock valued at $35,280,000 after buying an additional 389,828 shares in the last quarter. Finally, Elo Mutual Pension Insurance Co acquired a new position in iShares MSCI China ETF during the fourth quarter valued at approximately $33,835,000.

iShares MSCI China ETF Trading Up 0.0 %

Shares of MCHI stock opened at $42.66 on Friday. The company has a market cap of $4.79 billion, a PE ratio of 10.76 and a beta of 0.49. The company’s fifty day simple moving average is $41.60 and its 200-day simple moving average is $42.10. iShares MSCI China ETF has a 52 week low of $35.58 and a 52 week high of $47.69.

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.