AlphaQ Advisors LLC Has $1.49 Million Stock Position in iShares MSCI China ETF (NASDAQ:MCHI)

AlphaQ Advisors LLC boosted its stake in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 29.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 31,874 shares of the company’s stock after acquiring an additional 7,289 shares during the quarter. iShares MSCI China ETF comprises about 4.1% of AlphaQ Advisors LLC’s investment portfolio, making the stock its 9th biggest position. AlphaQ Advisors LLC’s holdings in iShares MSCI China ETF were worth $1,494,000 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 added to or reduced their stakes in MCHI. Nisa Investment Advisors LLC bought a new stake in shares of iShares MSCI China ETF in the 4th quarter worth about $656,000. Avior Wealth Management LLC boosted its position 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 during the period. Galvin Gaustad & Stein LLC purchased a new position in shares of iShares MSCI China ETF during the fourth quarter valued at approximately $11,211,000. Harel Insurance Investments & Financial Services Ltd. bought a new position in shares of iShares MSCI China ETF during the fourth quarter valued at approximately $68,000. Finally, Union Bancaire Privee UBP SA purchased a new stake in shares of iShares MSCI China ETF in the fourth quarter worth approximately $127,000.

iShares MSCI China ETF Stock Up 0.9%

MCHI stock opened at $55.20 on Wednesday. iShares MSCI China ETF has a twelve month low of $39.95 and a twelve month high of $59.79. The firm has a market cap of $5.88 billion, a price-to-earnings ratio of 12.54 and a beta of 0.49. The business’s fifty day simple moving average is $52.67 and its two-hundred day simple moving average is $50.39.

About iShares MSCI China ETF

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.