D.A. Davidson & CO. Acquires 37,264 Shares of iShares MSCI China ETF (NASDAQ:MCHI)

D.A. Davidson & CO. increased its holdings in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 127.6% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 66,475 shares of the company’s stock after acquiring an additional 37,264 shares during the quarter. D.A. Davidson & CO.’s holdings in iShares MSCI China ETF were worth $3,384,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of MCHI. Meitav Investment House Ltd. lifted its holdings in iShares MSCI China ETF by 80.3% during the second quarter. Meitav Investment House Ltd. now owns 2,861,866 shares of the company’s stock worth $120,663,000 after acquiring an additional 1,275,000 shares during the period. Angeles Investment Advisors LLC raised its stake in shares of iShares MSCI China ETF by 104.7% in the third quarter. Angeles Investment Advisors LLC now owns 604,000 shares of the company’s stock valued at $30,750,000 after buying an additional 309,000 shares during the period. Elo Mutual Pension Insurance Co raised its stake in shares of iShares MSCI China ETF by 30.4% in the second quarter. Elo Mutual Pension Insurance Co now owns 1,082,669 shares of the company’s stock valued at $45,656,000 after buying an additional 252,156 shares during the period. The Manufacturers Life Insurance Company raised its stake in shares of iShares MSCI China ETF by 69.7% in the second quarter. The Manufacturers Life Insurance Company now owns 308,775 shares of the company’s stock valued at $13,021,000 after buying an additional 126,823 shares during the period. Finally, Sanctuary Advisors LLC bought a new stake in shares of iShares MSCI China ETF in the second quarter valued at $3,450,000.

iShares MSCI China ETF Price Performance

Shares of MCHI opened at $47.24 on Friday. The firm has a market cap of $5.94 billion, a PE ratio of 10.76 and a beta of 0.49. The stock’s fifty day moving average price is $49.75 and its two-hundred day moving average price is $45.20. iShares MSCI China ETF has a 1 year low of $35.58 and a 1 year high of $59.78.

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.