Prudential PLC Purchases 48,040 Shares of iShares MSCI China ETF $MCHI

Prudential PLC grew its position in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 10.5% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 503,860 shares of the company’s stock after acquiring an additional 48,040 shares during the quarter. Prudential PLC owned 0.41% of iShares MSCI China ETF worth $27,763,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Bogart Wealth LLC bought a new stake in shares of iShares MSCI China ETF in the second quarter worth $28,000. Allworth Financial LP grew its position in iShares MSCI China ETF by 1,087.0% in the second quarter. Allworth Financial LP now owns 546 shares of the company’s stock valued at $30,000 after purchasing an additional 500 shares in the last quarter. Elequin Capital LP acquired a new stake in iShares MSCI China ETF in the 1st quarter valued at $31,000. Huntington National Bank lifted its position in iShares MSCI China ETF by 79,500.0% during the 2nd quarter. Huntington National Bank now owns 796 shares of the company’s stock worth $44,000 after buying an additional 795 shares in the last quarter. Finally, Hurley Capital LLC acquired a new position in shares of iShares MSCI China ETF during the 1st quarter worth about $47,000.

iShares MSCI China ETF Price Performance

Shares of NASDAQ MCHI opened at $61.91 on Thursday. The business has a 50-day moving average of $64.32 and a 200-day moving average of $59.42. The stock has a market capitalization of $7.94 billion, a price-to-earnings ratio of 13.11 and a beta of 0.26. iShares MSCI China ETF has a fifty-two week low of $43.70 and a fifty-two week high of $67.37.

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.