Allspring Global Investments Holdings LLC Grows Stake in iShares MSCI China ETF (NASDAQ:MCHI)

Allspring Global Investments Holdings LLC grew its position in iShares MSCI China ETF (NASDAQ:MCHI) by 23.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 119,287 shares of the company’s stock after purchasing an additional 22,451 shares during the quarter. Allspring Global Investments Holdings LLC owned about 0.09% of iShares MSCI China ETF worth $4,860,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Franklin Resources Inc. purchased a new stake in shares of iShares MSCI China ETF during the second quarter valued at $28,000. Modera Wealth Management LLC purchased a new stake in shares of iShares MSCI China ETF during the third quarter valued at $30,000. Tower Research Capital LLC TRC grew its holdings in shares of iShares MSCI China ETF by 80.8% during the second quarter. Tower Research Capital LLC TRC now owns 698 shares of the company’s stock valued at $31,000 after buying an additional 312 shares during the last quarter. Fortitude Family Office LLC purchased a new stake in shares of iShares MSCI China ETF during the fourth quarter valued at $34,000. Finally, Cornerstone Planning Group LLC purchased a new stake in shares of iShares MSCI China ETF during the second quarter valued at $34,000.

iShares MSCI China ETF Price Performance

Shares of MCHI opened at $39.41 on Friday. The firm has a market capitalization of $4.77 billion, a PE ratio of 9.37 and a beta of 0.49. iShares MSCI China ETF has a 1-year low of $35.58 and a 1-year high of $49.94. The company’s fifty day moving average price is $39.54 and its 200-day moving average price is $40.36.

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.