Bridgewater Associates LP Sells 17,945 Shares of iShares MSCI China ETF (NASDAQ:MCHI)

Bridgewater Associates LP lowered its position in iShares MSCI China ETF (NASDAQ:MCHI) by 2.4% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 732,513 shares of the company’s stock after selling 17,945 shares during the quarter. Bridgewater Associates LP owned about 0.58% of iShares MSCI China ETF worth $37,292,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Nations Financial Group Inc. IA ADV purchased a new stake in iShares MSCI China ETF during the 3rd quarter worth about $448,000. Vanguard Group Inc. increased its holdings in iShares MSCI China ETF by 31.5% during the 1st quarter. Vanguard Group Inc. now owns 51,055 shares of the company’s stock worth $2,028,000 after acquiring an additional 12,235 shares during the period. Private Advisor Group LLC grew its position in shares of iShares MSCI China ETF by 13.7% during the 3rd quarter. Private Advisor Group LLC now owns 13,834 shares of the company’s stock valued at $704,000 after purchasing an additional 1,665 shares in the last quarter. Blue Trust Inc. increased its holdings in shares of iShares MSCI China ETF by 137.6% in the third quarter. Blue Trust Inc. now owns 3,272 shares of the company’s stock worth $167,000 after purchasing an additional 1,895 shares during the period. Finally, Cetera Investment Advisers raised its position in shares of iShares MSCI China ETF by 65.8% in the first quarter. Cetera Investment Advisers now owns 71,113 shares of the company’s stock worth $2,825,000 after buying an additional 28,226 shares in the last quarter.

iShares MSCI China ETF Stock Performance

NASDAQ:MCHI opened at $46.10 on Wednesday. The firm has a market capitalization of $5.80 billion, a price-to-earnings ratio of 10.76 and a beta of 0.49. The stock has a fifty day moving average of $49.53 and a 200 day moving average of $45.17. 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.