Flow Traders U.S. LLC Makes New $14.98 Million Investment in iShares MSCI China ETF (NASDAQ:MCHI)

Flow Traders U.S. LLC purchased a new position in iShares MSCI China ETF (NASDAQ:MCHI) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 294,283 shares of the company’s stock, valued at approximately $14,982,000. iShares MSCI China ETF comprises about 0.8% of Flow Traders U.S. LLC’s portfolio, making the stock its 21st biggest holding.

Several other institutional investors and hedge funds have also made changes to their positions in MCHI. Nations Financial Group Inc. IA ADV purchased a new stake in shares of iShares MSCI China ETF in the third quarter valued at $448,000. Vanguard Group Inc. grew its holdings in iShares MSCI China ETF by 31.5% in the 1st quarter. Vanguard Group Inc. now owns 51,055 shares of the company’s stock valued at $2,028,000 after buying an additional 12,235 shares during the period. Private Advisor Group LLC increased its stake in shares of iShares MSCI China ETF by 13.7% during the 3rd quarter. Private Advisor Group LLC now owns 13,834 shares of the company’s stock valued at $704,000 after acquiring an additional 1,665 shares during the last quarter. Blue Trust Inc. lifted its holdings in shares of iShares MSCI China ETF by 137.6% during the 3rd quarter. Blue Trust Inc. now owns 3,272 shares of the company’s stock worth $167,000 after acquiring an additional 1,895 shares during the period. Finally, Cetera Investment Advisers boosted its position in shares of iShares MSCI China ETF by 65.8% in the first quarter. Cetera Investment Advisers now owns 71,113 shares of the company’s stock worth $2,825,000 after acquiring an additional 28,226 shares during the last quarter.

iShares MSCI China ETF Stock Performance

iShares MSCI China ETF stock opened at $47.32 on Friday. The company has a market cap of $5.95 billion, a price-to-earnings ratio of 10.76 and a beta of 0.49. The firm has a 50 day moving average price of $49.84 and a 200 day moving average price of $45.21. iShares MSCI China ETF has a 1 year low of $35.58 and a 1 year high of $59.78.

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.