Nipun Capital L.P. Decreases Stake in iShares MSCI China ETF $MCHI

Nipun Capital L.P. lowered its stake in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 3.6% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 807,800 shares of the company’s stock after selling 30,000 shares during the quarter. iShares MSCI China ETF makes up approximately 19.2% of Nipun Capital L.P.’s holdings, making the stock its 2nd biggest holding. Nipun Capital L.P.’s holdings in iShares MSCI China ETF were worth $42,159,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Meitav Investment House Ltd. raised its holdings in iShares MSCI China ETF by 38.9% during the 1st quarter. Meitav Investment House Ltd. now owns 1,175,148 shares of the company’s stock worth $66,020,000 after purchasing an additional 328,915 shares during the last quarter. SPX Gestao de Recursos Ltda acquired a new stake in iShares MSCI China ETF in the first quarter worth $54,607,000. Temasek Holdings Private Ltd bought a new position in iShares MSCI China ETF during the fourth quarter worth about $44,741,000. Amundi lifted its holdings in shares of iShares MSCI China ETF by 13.2% during the 1st quarter. Amundi now owns 572,401 shares of the company’s stock valued at $32,157,000 after purchasing an additional 66,701 shares in the last quarter. Finally, Syon Capital LLC lifted its stake in iShares MSCI China ETF by 16.1% in the second quarter. Syon Capital LLC now owns 500,385 shares of the company’s stock valued at $25,532,000 after buying an additional 69,334 shares in the last quarter.

iShares MSCI China ETF Trading Down 0.9%

Shares of iShares MSCI China ETF stock traded down $0.48 during trading on Thursday, reaching $51.16. The stock had a trading volume of 978,685 shares, compared to its average volume of 3,049,961. The company has a market capitalization of $5.85 billion, a price-to-earnings ratio of 13.11 and a beta of 0.33. iShares MSCI China ETF has a 52 week low of $49.88 and a 52 week high of $66.16. The stock has a fifty day moving average price of $54.17 and a two-hundred day moving average price of $54.84.

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. Securities are weighted based on the total market value of their shares so that securities with higher total market values generally have a higher representation in the index.