Yousif Capital Management LLC Purchases 161,222 Shares of iShares MSCI China ETF $MCHI

Yousif Capital Management LLC lifted its position in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 82.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 356,612 shares of the company’s stock after purchasing an additional 161,222 shares during the period. Yousif Capital Management LLC owned about 0.31% of iShares MSCI China ETF worth $19,649,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Demars Financial Group LLC boosted its holdings in iShares MSCI China ETF by 24.3% in the first quarter. Demars Financial Group LLC now owns 4,014,164 shares of the company’s stock valued at $218,371,000 after acquiring an additional 785,755 shares during the last quarter. Meitav Investment House Ltd. boosted its holdings in iShares MSCI China ETF by 0.4% in the second quarter. Meitav Investment House Ltd. now owns 2,601,233 shares of the company’s stock valued at $143,385,000 after acquiring an additional 9,972 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich boosted its holdings in iShares MSCI China ETF by 35,780.1% in the first quarter. Bank Julius Baer & Co. Ltd Zurich now owns 1,545,357 shares of the company’s stock valued at $84,067,000 after acquiring an additional 1,541,050 shares during the last quarter. LPL Financial LLC boosted its holdings in iShares MSCI China ETF by 1.8% in the first quarter. LPL Financial LLC now owns 1,426,513 shares of the company’s stock valued at $77,602,000 after acquiring an additional 25,210 shares during the last quarter. Finally, Banco Bilbao Vizcaya Argentaria S.A. boosted its holdings in iShares MSCI China ETF by 1,181.9% in the first quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 1,236,161 shares of the company’s stock valued at $67,394,000 after acquiring an additional 1,139,727 shares during the last quarter.

iShares MSCI China ETF Price Performance

Shares of MCHI stock opened at $61.39 on Monday. The business’s 50 day simple moving average is $62.33 and its 200 day simple moving average is $56.84. iShares MSCI China ETF has a one year low of $43.70 and a one year high of $67.37. The stock has a market capitalization of $7.92 billion, a PE ratio of 13.11 and a beta of 0.49.

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.