Raymond James & Associates Decreases Position in iShares MSCI China ETF (NASDAQ:MCHI)

Raymond James & Associates cut its position in iShares MSCI China ETF (NASDAQ:MCHI) by 35.7% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 9,970 shares of the company’s stock after selling 5,541 shares during the period. Raymond James & Associates’ holdings in iShares MSCI China ETF were worth $406,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the company. Fortitude Family Office LLC purchased a new position in iShares MSCI China ETF in the fourth quarter worth about $34,000. Ridgewood Investments LLC purchased a new position in shares of iShares MSCI China ETF during the fourth quarter valued at approximately $845,000. Baker Tilly Wealth Management LLC purchased a new position in shares of iShares MSCI China ETF during the fourth quarter valued at approximately $1,615,000. Dfpg Investments LLC purchased a new position in shares of iShares MSCI China ETF during the fourth quarter valued at approximately $621,000. Finally, Boltwood Capital Management raised its holdings in shares of iShares MSCI China ETF by 92.6% during the fourth quarter. Boltwood Capital Management now owns 9,050 shares of the company’s stock valued at $369,000 after purchasing an additional 4,350 shares during the last quarter.

iShares MSCI China ETF Stock Up 1.9 %

MCHI opened at $42.35 on Friday. The firm has a 50 day moving average price of $39.84 and a 200-day moving average price of $40.29. iShares MSCI China ETF has a twelve month low of $35.58 and a twelve month high of $49.94. The stock has a market capitalization of $5.01 billion, a price-to-earnings ratio of 9.70 and a beta of 0.90.

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.