Elo Mutual Pension Insurance Co Increases Stake in iShares MSCI China ETF (NASDAQ:MCHI)

Elo Mutual Pension Insurance Co boosted its position in iShares MSCI China ETF (NASDAQ:MCHI) by 30.4% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 1,082,669 shares of the company’s stock after acquiring an additional 252,156 shares during the period. iShares MSCI China ETF accounts for approximately 1.1% of Elo Mutual Pension Insurance Co’s portfolio, making the stock its 14th largest holding. Elo Mutual Pension Insurance Co’s holdings in iShares MSCI China ETF were worth $45,656,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. purchased a new stake in shares of iShares MSCI China ETF during the 1st quarter valued at approximately $45,000. Financial Advocates Investment Management purchased a new stake in shares of iShares MSCI China ETF during the fourth quarter worth $98,000. New Republic Capital LLC purchased a new stake in shares of iShares MSCI China ETF during the first quarter worth $124,000. 1832 Asset Management L.P. grew its position in shares of iShares MSCI China ETF by 26.0% in the first quarter. 1832 Asset Management L.P. now owns 4,551 shares of the company’s stock valued at $181,000 after purchasing an additional 940 shares in the last quarter. Finally, Trexquant Investment LP bought a new stake in shares of iShares MSCI China ETF during the 4th quarter valued at $200,000.

iShares MSCI China ETF Stock Up 0.9 %

Shares of MCHI opened at $41.47 on Wednesday. iShares MSCI China ETF has a twelve month low of $35.58 and a twelve month high of $47.69. The stock has a market cap of $4.66 billion, a PE ratio of 10.76 and a beta of 0.49. The business’s 50-day moving average price is $41.68 and its 200-day moving average price is $42.08.

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.