GAMMA Investing LLC Has $463.98 Million Stock Holdings in iShares MSCI China ETF (NASDAQ:MCHI)

GAMMA Investing LLC grew its position in iShares MSCI China ETF (NASDAQ:MCHI) by 6,784.5% during the 1st quarter, HoldingsChannel reports. The firm owned 8,528,995 shares of the company’s stock after purchasing an additional 8,405,108 shares during the quarter. GAMMA Investing LLC owned about 0.07% of iShares MSCI China ETF worth $463,977,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Jones Financial Companies Lllp raised its holdings in iShares MSCI China ETF by 8,818.2% in the fourth quarter. Jones Financial Companies Lllp now owns 981 shares of the company’s stock worth $46,000 after purchasing an additional 970 shares during the period. Fourth Dimension Wealth LLC acquired a new stake in shares of iShares MSCI China ETF during the fourth quarter worth $67,000. Private Trust Co. NA raised its holdings in shares of 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 worth $83,000 after acquiring an additional 542 shares during the period. Glass Jacobson Investment Advisors llc acquired a new stake in shares of iShares MSCI China ETF during the fourth quarter worth $101,000. Finally, Global Retirement Partners LLC raised its holdings in shares of iShares MSCI China ETF by 13.7% during the fourth quarter. Global Retirement Partners LLC now owns 2,570 shares of the company’s stock worth $120,000 after acquiring an additional 309 shares during the period.

iShares MSCI China ETF Stock Down 2.0%

Shares of NASDAQ:MCHI opened at $52.76 on Friday. iShares MSCI China ETF has a 12 month low of $39.95 and a 12 month high of $59.79. The company’s fifty day simple moving average is $52.22 and its 200 day simple moving average is $50.62. The firm has a market cap of $5.62 billion, a price-to-earnings ratio of 12.65 and a beta of 0.49.

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.