Donald L. Hagan LLC Trims Stock Position in iShares MSCI China ETF (NASDAQ:MCHI)

Donald L. Hagan LLC reduced its stake in iShares MSCI China ETF (NASDAQ:MCHI) by 25.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 6,176 shares of the company’s stock after selling 2,060 shares during the quarter. Donald L. Hagan LLC’s holdings in iShares MSCI China ETF were worth $314,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. ASB Consultores LLC boosted its holdings in iShares MSCI China ETF by 3.9% in the 2nd quarter. ASB Consultores LLC now owns 6,814 shares of the company’s stock valued at $287,000 after purchasing an additional 254 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted 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 valued at $1,574,000 after buying an additional 269 shares during the period. Cetera Investment Advisers boosted its stake in shares of iShares MSCI China ETF by 0.4% in the second quarter. Cetera Investment Advisers now owns 71,420 shares of the company’s stock valued at $3,012,000 after buying an additional 307 shares in the last quarter. Fiduciary Financial Group LLC boosted its stake in shares of iShares MSCI China ETF by 5.2% in the third quarter. Fiduciary Financial Group LLC now owns 8,526 shares of the company’s stock valued at $454,000 after buying an additional 418 shares in the last quarter. Finally, Axiom Advisory LLC grew its holdings in iShares MSCI China ETF by 1.6% during the third quarter. Axiom Advisory LLC now owns 36,544 shares of the company’s stock worth $1,860,000 after acquiring an additional 571 shares during the period.

iShares MSCI China ETF Stock Performance

iShares MSCI China ETF stock traded down $1.29 during midday trading on Wednesday, reaching $49.74. The company’s stock had a trading volume of 1,907,221 shares, compared to its average volume of 3,984,698. The firm has a market capitalization of $6.26 billion, a PE ratio of 10.76 and a beta of 0.49. iShares MSCI China ETF has a fifty-two week low of $35.58 and a fifty-two week high of $59.78. The stock’s 50 day simple moving average is $47.44 and its 200 day simple moving average is $44.63.

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.