Banco BTG Pactual S.A. Takes Position in iShares MSCI China ETF (NASDAQ:MCHI)

Banco BTG Pactual S.A. bought a new stake in shares of iShares MSCI China ETF (NASDAQ:MCHI) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 236,000 shares of the company’s stock, valued at approximately $9,549,000. iShares MSCI China ETF comprises about 1.2% of Banco BTG Pactual S.A.’s investment portfolio, making the stock its 12th biggest holding. Banco BTG Pactual S.A. owned approximately 0.17% of iShares MSCI China ETF at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the business. Ameriprise Financial Inc. increased its position in shares of iShares MSCI China ETF by 1.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,418,408 shares of the company’s stock valued at $104,598,000 after purchasing an additional 38,438 shares during the last quarter. 3EDGE Asset Management LP raised its stake in iShares MSCI China ETF by 3,234.0% in the 4th quarter. 3EDGE Asset Management LP now owns 1,281,750 shares of the company’s stock valued at $52,218,000 after acquiring an additional 1,243,305 shares during the period. Toronto Dominion Bank bought a new stake in iShares MSCI China ETF in the 3rd quarter valued at about $53,030,000. Morningstar Investment Services LLC raised its stake in iShares MSCI China ETF by 7.8% in the 3rd quarter. Morningstar Investment Services LLC now owns 828,351 shares of the company’s stock valued at $35,586,000 after acquiring an additional 59,922 shares during the period. Finally, Bank of Nova Scotia raised its stake in iShares MSCI China ETF by 74.8% in the 4th quarter. Bank of Nova Scotia now owns 748,486 shares of the company’s stock valued at $30,492,000 after acquiring an additional 320,237 shares during the period.

iShares MSCI China ETF Stock Down 1.8 %

iShares MSCI China ETF stock traded down $0.80 during midday trading on Friday, reaching $43.82. The stock had a trading volume of 3,562,747 shares, compared to its average volume of 4,031,623. iShares MSCI China ETF has a 12 month low of $35.58 and a 12 month high of $49.94. The firm’s 50-day moving average price is $42.53 and its 200 day moving average price is $40.71. The firm has a market capitalization of $5.19 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.