Penserra Capital Management LLC Buys 14,546 Shares of iShares MSCI China ETF (NASDAQ:MCHI)

Penserra Capital Management LLC lifted its stake in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 4.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 356,253 shares of the company’s stock after acquiring an additional 14,546 shares during the quarter. Penserra Capital Management LLC’s holdings in iShares MSCI China ETF were worth $18,136,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in MCHI. Vanguard Group Inc. grew its stake in shares of iShares MSCI China ETF by 31.5% during the 1st quarter. Vanguard Group Inc. now owns 51,055 shares of the company’s stock valued at $2,028,000 after acquiring an additional 12,235 shares during the period. CreativeOne Wealth LLC purchased a new position in iShares MSCI China ETF in the 1st quarter worth approximately $438,000. 1832 Asset Management L.P. lifted its holdings in iShares MSCI China ETF by 26.0% in 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 in the last quarter. Lazard Asset Management LLC lifted its holdings in iShares MSCI China ETF by 186.1% in the 1st quarter. Lazard Asset Management LLC now owns 20,969 shares of the company’s stock worth $833,000 after purchasing an additional 13,640 shares in the last quarter. Finally, Comerica Bank lifted its holdings in iShares MSCI China ETF by 6.5% in the 1st quarter. Comerica Bank now owns 174,784 shares of the company’s stock worth $6,944,000 after purchasing an additional 10,615 shares in the last quarter.

iShares MSCI China ETF Trading Down 2.3 %

NASDAQ MCHI opened at $46.48 on Friday. The stock’s 50 day moving average is $49.34 and its 200 day moving average is $45.15. iShares MSCI China ETF has a 12 month low of $35.58 and a 12 month high of $59.78. The stock has a market cap of $5.85 billion, a PE 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.