New York Life Investment Management LLC Makes New Investment in iShares MSCI China ETF $MCHI

New York Life Investment Management LLC purchased a new stake in iShares MSCI China ETF (NASDAQ:MCHI) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 350,357 shares of the company’s stock, valued at approximately $18,285,000. New York Life Investment Management LLC owned about 0.31% of iShares MSCI China ETF as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Ashton Thomas Securities LLC acquired a new position in iShares MSCI China ETF during the 3rd quarter worth about $50,000. William Mack & Associates Inc. bought a new stake in iShares MSCI China ETF during the 3rd quarter worth about $65,000. Indiana Trust & Investment Management Co acquired a new stake in iShares MSCI China ETF in the 3rd quarter valued at about $99,000. TD Waterhouse Canada Inc. increased its position in iShares MSCI China ETF by 751.0% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 2,187 shares of the company’s stock valued at $114,000 after acquiring an additional 1,930 shares in the last quarter. Finally, Quattro Financial Advisors LLC acquired a new stake in iShares MSCI China ETF in the 3rd quarter valued at about $246,000.

iShares MSCI China ETF Trading Down 0.8%

Shares of NASDAQ MCHI opened at $50.69 on Thursday. iShares MSCI China ETF has a 1-year low of $48.65 and a 1-year high of $65.37. The company has a market cap of $5.72 billion, a PE ratio of 11.52 and a beta of 0.33. The company has a 50-day moving average of $51.80 and a two-hundred day moving average of $55.30.

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. 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.