iShares MSCI China ETF (NASDAQ:MCHI) Position Lowered by Transcend Capital Advisors LLC

Transcend Capital Advisors LLC decreased its stake in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 12.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 46,227 shares of the company’s stock after selling 6,662 shares during the period. Transcend Capital Advisors LLC’s holdings in iShares MSCI China ETF were worth $1,883,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. LPL Financial LLC lifted its position in shares of iShares MSCI China ETF by 23.7% during the third quarter. LPL Financial LLC now owns 507,132 shares of the company’s stock worth $21,954,000 after purchasing an additional 97,165 shares during the last quarter. Ameriprise Financial Inc. increased its stake in shares of iShares MSCI China ETF by 1.6% in the third quarter. Ameriprise Financial Inc. now owns 2,418,408 shares of the company’s stock valued at $104,598,000 after purchasing an additional 38,438 shares during the period. GSA Capital Partners LLP acquired a new stake in shares of iShares MSCI China ETF in the third quarter valued at approximately $723,000. Simplex Trading LLC increased its stake in shares of iShares MSCI China ETF by 14.3% in the third quarter. Simplex Trading LLC now owns 42,506 shares of the company’s stock valued at $1,840,000 after purchasing an additional 5,333 shares during the period. Finally, Corient Private Wealth LLC acquired a new stake in shares of iShares MSCI China ETF in the third quarter valued at approximately $15,243,000.

iShares MSCI China ETF Stock Performance

Shares of NASDAQ:MCHI traded up $0.80 during trading hours on Friday, hitting $42.35. The stock had a trading volume of 3,653,459 shares, compared to its average volume of 4,168,177. The stock’s fifty day simple moving average is $39.84 and its 200 day simple moving average is $40.29. iShares MSCI China ETF has a 1-year low of $35.58 and a 1-year high of $49.94. The firm has a market capitalization of $5.01 billion, a price-to-earnings ratio of 9.70 and a beta of 0.90.

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.