iShares MSCI China ETF (NASDAQ:MCHI) Shares Sold by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company cut its holdings in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 93.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 19,592 shares of the company’s stock after selling 289,183 shares during the period. The Manufacturers Life Insurance Company’s holdings in iShares MSCI China ETF were worth $997,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in MCHI. Blue Trust Inc. lifted its stake in shares of iShares MSCI China ETF by 137.6% in 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. Creative Planning acquired a new stake in iShares MSCI China ETF in the third quarter worth approximately $221,000. DMC Group LLC bought a new position in iShares MSCI China ETF during the 3rd quarter valued at $232,000. Ignite Planners LLC bought a new position in iShares MSCI China ETF during the 3rd quarter valued at $235,000. Finally, Osborne Partners Capital Management LLC acquired a new position in shares of iShares MSCI China ETF during the 3rd quarter valued at $238,000.

iShares MSCI China ETF Trading Up 0.0 %

Shares of NASDAQ MCHI opened at $48.85 on Friday. The firm has a 50-day moving average of $49.62 and a two-hundred day moving average of $45.32. The company has a market capitalization of $6.15 billion, a price-to-earnings ratio of 10.76 and a beta of 0.49. iShares MSCI China ETF has a twelve month low of $35.58 and a twelve month high of $59.78.

iShares MSCI China ETF Company 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.