Syon Capital LLC Sells 496,968 Shares of iShares MSCI China ETF (NASDAQ:MCHI)

Syon Capital LLC reduced its position in iShares MSCI China ETF (NASDAQ:MCHI) by 91.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 47,768 shares of the company’s stock after selling 496,968 shares during the period. Syon Capital LLC’s holdings in iShares MSCI China ETF were worth $1,946,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. PNC Financial Services Group Inc. lifted its stake in iShares MSCI China ETF by 6.0% during the 3rd quarter. PNC Financial Services Group Inc. now owns 4,267 shares of the company’s stock valued at $185,000 after acquiring an additional 243 shares in the last quarter. Yousif Capital Management LLC increased its position in shares of iShares MSCI China ETF by 0.3% during the 4th quarter. Yousif Capital Management LLC now owns 136,945 shares of the company’s stock valued at $5,579,000 after purchasing an additional 350 shares during the last quarter. Interchange Capital Partners LLC increased its position in shares of iShares MSCI China ETF by 2.2% during the 3rd quarter. Interchange Capital Partners LLC now owns 20,373 shares of the company’s stock valued at $882,000 after purchasing an additional 431 shares during the last quarter. Global Retirement Partners LLC increased its holdings in iShares MSCI China ETF by 53.7% in the 3rd quarter. Global Retirement Partners LLC now owns 1,483 shares of the company’s stock worth $62,000 after acquiring an additional 518 shares during the last quarter. Finally, DHK Financial Advisors Inc. increased its holdings in iShares MSCI China ETF by 2.4% in the 4th quarter. DHK Financial Advisors Inc. now owns 22,407 shares of the company’s stock worth $913,000 after acquiring an additional 535 shares during the last quarter.

iShares MSCI China ETF Stock Up 1.9 %

MCHI traded up $0.80 during trading hours on Friday, hitting $42.35. The stock had a trading volume of 3,653,419 shares, compared to its average volume of 4,167,310. The company’s fifty day simple moving average is $39.77 and its 200 day simple moving average is $40.33. iShares MSCI China ETF has a 1 year low of $35.58 and a 1 year high of $49.94. The stock has a market cap of $5.01 billion, a PE ratio of 9.70 and a beta of 0.90.

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.