iShares MSCI China ETF Target of Unusually Large Options Trading (NASDAQ:MCHI)

iShares MSCI China ETF (NASDAQ:MCHI) saw some unusual options trading on Tuesday. Traders acquired 11,711 call options on the stock. This is an increase of approximately 501% compared to the average volume of 1,947 call options.

Institutional Trading of iShares MSCI China ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. ASB Consultores LLC lifted its position in iShares MSCI China ETF by 3.9% during the second quarter. ASB Consultores LLC now owns 6,814 shares of the company’s stock worth $287,000 after buying an additional 254 shares during the period. Envestnet Portfolio Solutions Inc. raised its holdings in shares of iShares MSCI China ETF by 0.7% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 39,620 shares of the company’s stock worth $1,574,000 after purchasing an additional 269 shares during the period. Cetera Investment Advisers lifted its stake in shares of iShares MSCI China ETF by 0.4% in the 2nd quarter. Cetera Investment Advisers now owns 71,420 shares of the company’s stock valued at $3,012,000 after purchasing an additional 307 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in shares of iShares MSCI China ETF by 1.7% during the 2nd quarter. Bank of New York Mellon Corp now owns 48,149 shares of the company’s stock worth $2,030,000 after purchasing an additional 801 shares during the period. Finally, 1832 Asset Management L.P. grew its holdings in shares of iShares MSCI China ETF by 26.0% during the 1st 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 period.

iShares MSCI China ETF Price Performance

iShares MSCI China ETF stock traded up $1.37 during trading hours on Tuesday, hitting $52.28. The stock had a trading volume of 2,779,741 shares, compared to its average volume of 3,599,838. iShares MSCI China ETF has a 1-year low of $35.58 and a 1-year high of $52.45. The stock’s fifty day moving average is $42.26 and its two-hundred day moving average is $42.50. The stock has a market capitalization of $5.88 billion, a price-to-earnings ratio of 10.76 and a beta of 0.49.

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.