iShares MSCI China ETF (NASDAQ:MCHI) Stock Position Lifted by Elo Mutual Pension Insurance Co

Elo Mutual Pension Insurance Co raised its stake in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 43.3% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,302,890 shares of the company’s stock after buying an additional 393,630 shares during the period. iShares MSCI China ETF comprises about 1.3% of Elo Mutual Pension Insurance Co’s investment portfolio, making the stock its 12th biggest holding. Elo Mutual Pension Insurance Co owned 1.22% of iShares MSCI China ETF worth $61,053,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of MCHI. D.A. Davidson & CO. grew its stake in shares of iShares MSCI China ETF by 127.6% in the 3rd quarter. D.A. Davidson & CO. now owns 66,475 shares of the company’s stock valued at $3,384,000 after buying an additional 37,264 shares in the last quarter. BNP Paribas Financial Markets lifted its stake in iShares MSCI China ETF by 8.5% in the third quarter. BNP Paribas Financial Markets now owns 154,736 shares of the company’s stock valued at $7,878,000 after acquiring an additional 12,109 shares during the last quarter. Flow Traders U.S. LLC bought a new stake in iShares MSCI China ETF in the third quarter worth approximately $14,982,000. Erste Asset Management GmbH acquired a new position in shares of iShares MSCI China ETF during the 3rd quarter worth $10,260,000. Finally, Integrated Wealth Concepts LLC raised its holdings in shares of iShares MSCI China ETF by 56.5% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 19,226 shares of the company’s stock valued at $979,000 after purchasing an additional 6,938 shares in the last quarter.

iShares MSCI China ETF Stock Performance

Shares of NASDAQ:MCHI opened at $55.00 on Thursday. The stock has a market capitalization of $6.39 billion, a PE ratio of 13.16 and a beta of 0.34. iShares MSCI China ETF has a 1 year low of $38.83 and a 1 year high of $59.79. The firm has a fifty day moving average price of $52.43 and a 200 day moving average price of $49.47.

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.