Vontobel Holding Ltd. Sells 2,885 Shares of iShares MSCI China ETF (NASDAQ:MCHI)

Vontobel Holding Ltd. decreased its holdings in iShares MSCI China ETF (NASDAQ:MCHI) by 16.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 15,162 shares of the company’s stock after selling 2,885 shares during the period. Vontobel Holding Ltd.’s holdings in iShares MSCI China ETF were worth $772,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Geneos Wealth Management Inc. purchased a new stake in iShares MSCI China ETF in the 1st quarter worth about $45,000. New Republic Capital LLC purchased a new position in shares of iShares MSCI China ETF during the first quarter worth approximately $124,000. 1832 Asset Management L.P. increased 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 acquiring an additional 940 shares during the period. Creative Planning purchased a new position in shares of iShares MSCI China ETF during the third quarter worth approximately $221,000. Finally, Ignite Planners LLC purchased a new position in iShares MSCI China ETF during the third quarter valued at approximately $235,000.

iShares MSCI China ETF Stock Up 4.4 %

Shares of MCHI stock opened at $50.49 on Monday. The firm has a market cap of $6.35 billion, a price-to-earnings ratio of 10.76 and a beta of 0.49. The company’s 50 day moving average is $45.55 and its 200 day moving average is $43.77. iShares MSCI China ETF has a 52-week low of $35.58 and a 52-week high of $59.78.

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.