Kelman Lazarov Inc. Decreases Holdings in Matthews China Active ETF (NYSEARCA:MCH)

Kelman Lazarov Inc. decreased its holdings in shares of Matthews China Active ETF (NYSEARCA:MCH) by 12.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 412,390 shares of the company’s stock after selling 56,767 shares during the period. Matthews China Active ETF comprises approximately 1.6% of Kelman Lazarov Inc.’s holdings, making the stock its 17th largest position. Kelman Lazarov Inc. owned about 0.34% of Matthews China Active ETF worth $9,093,000 as of its most recent SEC filing.

Separately, OLD Mission Capital LLC bought a new position in Matthews China Active ETF in the 4th quarter worth $2,357,000.

Matthews China Active ETF Stock Up 6.4 %

Shares of MCH stock opened at $21.38 on Thursday. The stock has a market cap of $32.07 million, a P/E ratio of 13.34 and a beta of 0.73. Matthews China Active ETF has a 52 week low of $18.00 and a 52 week high of $29.38. The company’s fifty day simple moving average is $24.00 and its two-hundred day simple moving average is $23.47.

About Matthews China Active ETF

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.