iShares MSCI China ETF (NASDAQ:MCHI) Shares Sold by Wharton Business Group LLC

Wharton Business Group LLC lessened its holdings in iShares MSCI China ETF (NASDAQ:MCHI – Free Report) by 45.8% during the third quarter, Holdings Channel.com reports. The firm owned 169,325 shares of the company’s stock after selling 143,000 shares during the quarter. Wharton Business Group LLC’s holdings in iShares MSCI China ETF were worth $8,620,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the business. Blue Trust Inc. increased 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 buying an additional 1,895 shares during the last quarter. 1832 Asset Management L.P. lifted its position in shares of iShares MSCI China ETF by 26.0% during the first quarter. 1832 Asset Management L.P. now owns 4,551 shares of the company’s stock worth $181,000 after purchasing an additional 940 shares during the last quarter. Creative Planning acquired a new stake in iShares MSCI China ETF during the third quarter worth about $221,000. DMC Group LLC acquired a new stake in iShares MSCI China ETF during the third quarter worth about $232,000. Finally, Ignite Planners LLC acquired a new stake in shares of iShares MSCI China ETF in the third quarter valued at approximately $235,000.

iShares MSCI China ETF Price Performance

iShares MSCI China ETF stock opened at $47.53 on Monday. The firm has a 50 day simple moving average of $48.65 and a 200-day simple moving average of $45.04. The stock has a market capitalization of $5.98 billion, a PE ratio of 10.76 and a beta of 0.49. iShares MSCI China ETF has a 12-month low of $35.58 and a 12-month high of $59.78.

iShares MSCI China ETF Company Profile

(Free Report)

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.

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