Yousif Capital Management LLC Sells 97,435 Shares of iShares MSCI China ETF $MCHI

Yousif Capital Management LLC lessened its stake in iShares MSCI China ETF (NASDAQ:MCHI) by 25.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 283,520 shares of the company’s stock after selling 97,435 shares during the period. Yousif Capital Management LLC owned 0.22% of iShares MSCI China ETF worth $17,479,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Angeles Investment Advisors LLC bought a new position in iShares MSCI China ETF in the 3rd quarter worth approximately $14,948,000. Avalon Capital Management bought a new position in iShares MSCI China ETF in the 3rd quarter worth approximately $967,000. GAMMA Investing LLC raised its position in iShares MSCI China ETF by 10.4% in the 3rd quarter. GAMMA Investing LLC now owns 178,521 shares of the company’s stock worth $11,756,000 after purchasing an additional 16,772 shares during the last quarter. Monument Capital Management bought a new position in iShares MSCI China ETF in the 3rd quarter worth approximately $1,739,000. Finally, Strategic Investment Advisors MI bought a new position in iShares MSCI China ETF in the 3rd quarter worth approximately $1,945,000.

iShares MSCI China ETF Price Performance

MCHI stock opened at $55.61 on Wednesday. The company has a 50 day moving average price of $58.72 and a 200 day moving average price of $61.46. iShares MSCI China ETF has a fifty-two week low of $44.71 and a fifty-two week high of $67.37. The stock has a market capitalization of $6.58 billion, a PE ratio of 13.11 and a beta of 0.34.

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. Securities are weighted based on the total market value of their shares so that securities with higher total market values generally have a higher representation in the index.