Jones Financial Companies Lllp Increases Stock Position in iShares MSCI China ETF (NASDAQ:MCHI)

Jones Financial Companies Lllp increased its position in iShares MSCI China ETF (NASDAQ:MCHI) by 8,818.2% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 981 shares of the company’s stock after acquiring an additional 970 shares during the period. Jones Financial Companies Lllp’s holdings in iShares MSCI China ETF were worth $46,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the company. Safe Harbor Fiduciary LLC purchased a new stake in iShares MSCI China ETF during the 3rd quarter valued at $27,000. Avior Wealth Management LLC raised its stake in iShares MSCI China ETF by 114.2% during the 4th quarter. Avior Wealth Management LLC now owns 1,071 shares of the company’s stock valued at $50,000 after buying an additional 571 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. purchased a new stake in iShares MSCI China ETF during the 4th quarter valued at $68,000. Private Trust Co. NA raised its stake in iShares MSCI China ETF by 44.3% during the 4th quarter. Private Trust Co. NA now owns 1,766 shares of the company’s stock valued at $83,000 after buying an additional 542 shares during the last quarter. Finally, Global Retirement Partners LLC raised its stake in iShares MSCI China ETF by 13.7% during the 4th quarter. Global Retirement Partners LLC now owns 2,570 shares of the company’s stock valued at $120,000 after buying an additional 309 shares during the last quarter.

iShares MSCI China ETF Price Performance

Shares of MCHI stock opened at $58.36 on Wednesday. iShares MSCI China ETF has a 1 year low of $38.83 and a 1 year high of $59.79. The firm has a fifty day moving average price of $51.05 and a 200-day moving average price of $48.90. The company has a market cap of $6.26 billion, a price-to-earnings ratio of 13.52 and a beta of 0.49.

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.