Matrix Trust Co Takes Position in iShares MSCI China ETF (NASDAQ:MCHI)

Matrix Trust Co bought a new stake in shares of iShares MSCI China ETF (NASDAQ:MCHI) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 6,389 shares of the company’s stock, valued at approximately $260,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Ameriprise Financial Inc. lifted its stake in iShares MSCI China ETF by 1.6% during the third quarter. Ameriprise Financial Inc. now owns 2,418,408 shares of the company’s stock worth $104,598,000 after purchasing an additional 38,438 shares during the last quarter. Meitav Investment House Ltd. lifted its stake in iShares MSCI China ETF by 71.6% during the third quarter. Meitav Investment House Ltd. now owns 1,719,452 shares of the company’s stock worth $74,391,000 after purchasing an additional 717,457 shares during the last quarter. 3EDGE Asset Management LP lifted its stake in iShares MSCI China ETF by 3,234.0% during the fourth quarter. 3EDGE Asset Management LP now owns 1,281,750 shares of the company’s stock worth $52,218,000 after purchasing an additional 1,243,305 shares during the last quarter. Toronto Dominion Bank bought a new position in iShares MSCI China ETF during the third quarter worth $53,030,000. Finally, Morningstar Investment Services LLC lifted its stake in iShares MSCI China ETF by 7.8% during the third quarter. Morningstar Investment Services LLC now owns 828,351 shares of the company’s stock worth $35,586,000 after purchasing an additional 59,922 shares during the last quarter.

iShares MSCI China ETF Stock Up 1.9 %

MCHI stock traded up $0.80 during mid-day trading on Friday, reaching $42.35. The company had a trading volume of 3,653,459 shares, compared to its average volume of 4,168,177. The stock has a market capitalization of $5.01 billion, a P/E ratio of 9.70 and a beta of 0.90. iShares MSCI China ETF has a one year low of $35.58 and a one year high of $49.94. The stock’s 50-day simple moving average is $39.84 and its two-hundred day simple moving average is $40.32.

iShares MSCI China ETF 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.