Proficio Capital Partners LLC Makes New Investment in Matthews China Active ETF (NYSEARCA:MCH)

Proficio Capital Partners LLC purchased a new position in shares of Matthews China Active ETF (NYSEARCA:MCH) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 26,460 shares of the company’s stock, valued at approximately $583,000. Proficio Capital Partners LLC owned 2.21% of Matthews China Active ETF as of its most recent filing with the Securities and Exchange Commission.

Separately, Farther Finance Advisors LLC purchased a new position in shares of Matthews China Active ETF during the 3rd quarter valued at about $86,000.

Matthews China Active ETF Stock Performance

NYSEARCA MCH opened at $25.24 on Monday. The stock has a 50-day simple moving average of $22.91 and a two-hundred day simple moving average of $22.58. The firm has a market capitalization of $37.86 million, a P/E ratio of 13.55 and a beta of 0.73. Matthews China Active ETF has a fifty-two week low of $18.00 and a fifty-two week high of $29.38.

Matthews China Active ETF Company Profile

The Matthews China Active ETF (MCH) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to hold stocks of Chinese companies that are fundamentally screened for sustainable growth. The fund also considers ESG factors in the investment process. MCH was launched on Jul 13, 2022 and is managed by Matthews.