Syon Capital LLC Has $15.79 Million Stock Position in iShares MSCI China ETF (NASDAQ:MCHI)

Syon Capital LLC lowered its position in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 14.6% during the fourth quarter, Holdings Channel reports. The fund owned 336,974 shares of the company’s stock after selling 57,381 shares during the quarter. iShares MSCI China ETF makes up 1.4% of Syon Capital LLC’s holdings, making the stock its 13th largest holding. Syon Capital LLC’s holdings in iShares MSCI China ETF were worth $15,791,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also made changes to their positions in the company. Jones Financial Companies Lllp raised its stake in iShares MSCI China ETF by 8,818.2% during the 4th quarter. Jones Financial Companies Lllp now owns 981 shares of the company’s stock valued at $46,000 after purchasing an additional 970 shares during the period. Avior Wealth Management LLC grew its holdings in shares of iShares MSCI China ETF by 114.2% during the fourth quarter. Avior Wealth Management LLC now owns 1,071 shares of the company’s stock valued at $50,000 after buying an additional 571 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. acquired a new position in iShares MSCI China ETF during the fourth quarter valued at $68,000. Private Trust Co. NA raised its position in iShares MSCI China ETF by 44.3% during the fourth quarter. Private Trust Co. NA now owns 1,766 shares of the company’s stock valued at $83,000 after buying an additional 542 shares during the period. Finally, Glass Jacobson Investment Advisors llc purchased a new stake in iShares MSCI China ETF in the 4th quarter worth about $101,000.

iShares MSCI China ETF Price Performance

NASDAQ:MCHI opened at $50.90 on Wednesday. The stock has a market cap of $5.43 billion, a PE ratio of 11.66 and a beta of 0.49. iShares MSCI China ETF has a fifty-two week low of $39.95 and a fifty-two week high of $59.79. The stock’s 50-day moving average is $53.22 and its two-hundred day moving average is $50.05.

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.