Matthews China Active ETF (NYSEARCA:MCH) Shares Sold by Altfest L J & Co. Inc.

Altfest L J & Co. Inc. reduced its holdings in Matthews China Active ETF (NYSEARCA:MCH) by 96.2% during the 4th quarter, Holdings Channel reports. The fund owned 24,061 shares of the company’s stock after selling 615,864 shares during the period. Altfest L J & Co. Inc.’s holdings in Matthews China Active ETF were worth $458,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Kelman Lazarov Inc. lifted its position in Matthews China Active ETF by 67.5% during the third quarter. Kelman Lazarov Inc. now owns 199,376 shares of the company’s stock valued at $4,091,000 after purchasing an additional 80,380 shares during the period. Jane Street Group LLC lifted its holdings in shares of Matthews China Active ETF by 624.6% in the 1st quarter. Jane Street Group LLC now owns 171,478 shares of the company’s stock valued at $4,129,000 after buying an additional 147,812 shares during the period. WealthPlan Investment Management LLC purchased a new stake in shares of Matthews China Active ETF in the third quarter worth about $3,010,000. Citadel Advisors LLC acquired a new position in Matthews China Active ETF in the third quarter valued at approximately $452,000. Finally, UBS Group AG grew its stake in shares of Matthews China Active ETF by 1,207.4% during the 3rd quarter. UBS Group AG now owns 1,582 shares of the company’s stock worth $32,000 after purchasing an additional 1,461 shares during the period.

Matthews China Active ETF Trading Up 1.0 %

Shares of MCH stock traded up $0.18 during mid-day trading on Thursday, hitting $18.81. 736 shares of the stock were exchanged, compared to its average volume of 7,989. Matthews China Active ETF has a 52-week low of $16.77 and a 52-week high of $24.26. The firm has a fifty day moving average of $18.15 and a 200 day moving average of $19.04.

Matthews China Active ETF Profile

The Matthews China Active ETF (MCH) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to hold stocks of Chinese companies that are fundamentally screened for sustainable growth. The fund also considers ESG factors in the investment process. MCH was launched on Jul 13, 2022 and is managed by Matthews.