Evolution Wealth Advisors LLC Cuts Stake in iShares MSCI China A ETF (BATS:CNYA)

Evolution Wealth Advisors LLC lowered its holdings in shares of iShares MSCI China A ETF (BATS:CNYA) by 51.4% in the 4th quarter, HoldingsChannel.com reports. The firm owned 112,384 shares of the company’s stock after selling 118,852 shares during the period. Evolution Wealth Advisors LLC’s holdings in iShares MSCI China A ETF were worth $2,902,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. lifted its stake in shares of iShares MSCI China A ETF by 7.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 9,854 shares of the company’s stock worth $288,000 after acquiring an additional 657 shares during the last quarter. First Trust Advisors LP raised its position in iShares MSCI China A ETF by 0.7% during the 3rd quarter. First Trust Advisors LP now owns 102,994 shares of the company’s stock valued at $3,155,000 after purchasing an additional 699 shares in the last quarter. Zions Bancorporation N.A. bought a new stake in iShares MSCI China A ETF during the 1st quarter valued at $28,000. Patriot Investment Management Group Inc. bought a new stake in iShares MSCI China A ETF during the 4th quarter valued at $31,000. Finally, Raymond James Financial Services Advisors Inc. raised its position in iShares MSCI China A ETF by 19.1% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 5,967 shares of the company’s stock valued at $220,000 after purchasing an additional 957 shares in the last quarter.

iShares MSCI China A ETF Stock Performance

BATS CNYA traded down $0.15 on Friday, reaching $26.20. 2,034,598 shares of the stock traded hands. The company has a fifty day moving average price of $26.01 and a 200-day moving average price of $26.14. The company has a market cap of $279.03 million, a price-to-earnings ratio of 11.70 and a beta of 0.45. iShares MSCI China A ETF has a 12 month low of $25.46 and a 12 month high of $35.58.

About iShares MSCI China A ETF

The iShares MSCI China A ETF (CNYA) is an exchange-traded fund that is based on the MSCI China A Inclusion index, a market-cap-weighted index of Chinese A-share equities. CNYA was launched on Jun 13, 2016 and is managed by BlackRock.