Axiom Advisory LLC Acquires 571 Shares of iShares MSCI China ETF (NASDAQ:MCHI)

Axiom Advisory LLC grew its position in iShares MSCI China ETF (NASDAQ:MCHI) by 1.6% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 36,544 shares of the company’s stock after buying an additional 571 shares during the period. Axiom Advisory LLC’s holdings in iShares MSCI China ETF were worth $1,860,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Geneos Wealth Management Inc. acquired a new stake in shares of iShares MSCI China ETF in the first quarter worth $45,000. New Republic Capital LLC acquired a new position in shares of iShares MSCI China ETF during the first quarter valued at approximately $124,000. 1832 Asset Management L.P. raised its stake in iShares MSCI China ETF by 26.0% in the 1st quarter. 1832 Asset Management L.P. now owns 4,551 shares of the company’s stock valued at $181,000 after purchasing an additional 940 shares during the last quarter. Ignite Planners LLC purchased a new position in shares of iShares MSCI China ETF in the third quarter worth about $235,000. Finally, Prospect Financial Services LLC purchased a new position in iShares MSCI China ETF in the 4th quarter worth approximately $244,000.

iShares MSCI China ETF Stock Performance

NASDAQ MCHI opened at $53.22 on Wednesday. iShares MSCI China ETF has a fifty-two week low of $35.58 and a fifty-two week high of $59.78. The stock’s fifty day moving average is $43.75 and its two-hundred day moving average is $43.06. The firm has a market capitalization of $5.88 billion, a P/E ratio of 10.76 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.