iShares MSCI China ETF (NASDAQ:MCHI) Holdings Boosted by Bank of New York Mellon Corp

Bank of New York Mellon Corp grew its holdings in iShares MSCI China ETF (NASDAQ:MCHI) by 1.7% in the second quarter, Holdings Channel.com reports. The firm owned 48,149 shares of the company’s stock after purchasing an additional 801 shares during the period. Bank of New York Mellon Corp’s holdings in iShares MSCI China ETF were worth $2,030,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Vanguard Group Inc. boosted its position in iShares MSCI China ETF by 31.5% during the first quarter. Vanguard Group Inc. now owns 51,055 shares of the company’s stock valued at $2,028,000 after purchasing an additional 12,235 shares during the last quarter. Wellington Management Group LLP grew its stake in shares of iShares MSCI China ETF by 69.4% in the 4th quarter. Wellington Management Group LLP now owns 285,202 shares of the company’s stock valued at $11,619,000 after buying an additional 116,887 shares in the last quarter. Orion Portfolio Solutions LLC bought a new stake in shares of iShares MSCI China ETF in the 4th quarter valued at approximately $2,836,000. Cetera Investment Advisers increased its holdings in iShares MSCI China ETF by 65.8% in the first quarter. Cetera Investment Advisers now owns 71,113 shares of the company’s stock worth $2,825,000 after buying an additional 28,226 shares during the last quarter. Finally, City of London Investment Management Co. Ltd. raised its position in iShares MSCI China ETF by 164.6% during the fourth quarter. City of London Investment Management Co. Ltd. now owns 362,881 shares of the company’s stock valued at $14,784,000 after acquiring an additional 225,763 shares in the last quarter.

iShares MSCI China ETF Stock Up 0.9 %

NASDAQ MCHI opened at $41.47 on Wednesday. The company has a 50 day moving average price of $41.68 and a two-hundred day moving average price of $42.08. iShares MSCI China ETF has a 12-month low of $35.58 and a 12-month high of $47.69. The stock has a market capitalization of $4.66 billion, a PE ratio of 10.76 and a beta of 0.49.

iShares MSCI China ETF 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.