Atria Investments Inc Cuts Holdings in iShares MSCI China ETF (NASDAQ:MCHI)

Atria Investments Inc lowered its stake in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 71.7% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 12,867 shares of the company’s stock after selling 32,614 shares during the quarter. Atria Investments Inc’s holdings in iShares MSCI China ETF were worth $655,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. ASB Consultores LLC raised its stake in shares of iShares MSCI China ETF by 3.9% during the second quarter. ASB Consultores LLC now owns 6,814 shares of the company’s stock worth $287,000 after acquiring an additional 254 shares in the last quarter. Cetera Investment Advisers boosted its position in iShares MSCI China ETF by 0.4% during 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 during the period. Fiduciary Financial Group LLC increased its holdings 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 worth $454,000 after buying an additional 418 shares during the period. Axiom Advisory LLC increased its holdings in shares of iShares MSCI China ETF by 1.6% in the third quarter. Axiom Advisory LLC now owns 36,544 shares of the company’s stock worth $1,860,000 after buying an additional 571 shares during the period. Finally, Bank of New York Mellon Corp lifted its stake in shares of iShares MSCI China ETF by 1.7% in the 2nd quarter. Bank of New York Mellon Corp now owns 48,149 shares of the company’s stock valued at $2,030,000 after acquiring an additional 801 shares during the last quarter.

iShares MSCI China ETF Price Performance

MCHI opened at $47.69 on Wednesday. The stock’s 50 day simple moving average is $48.94 and its 200 day simple moving average is $45.09. The firm has a market cap of $6.00 billion, a price-to-earnings ratio of 10.76 and a beta of 0.49. iShares MSCI China ETF has a 1 year low of $35.58 and a 1 year high of $59.78.

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.