Bank of Nova Scotia Boosts Stock Position in iShares MSCI China ETF (NASDAQ:MCHI)

Bank of Nova Scotia grew its holdings in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 5.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 19,755 shares of the company’s stock after buying an additional 1,100 shares during the period. Bank of Nova Scotia’s holdings in iShares MSCI China ETF were worth $926,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in MCHI. OLD Mission Capital LLC lifted its stake in iShares MSCI China ETF by 228.1% during the fourth quarter. OLD Mission Capital LLC now owns 1,969,541 shares of the company’s stock worth $92,293,000 after purchasing an additional 1,369,309 shares during the last quarter. Alberta Investment Management Corp lifted its position in shares of iShares MSCI China ETF by 66.6% during the 4th quarter. Alberta Investment Management Corp now owns 2,979,356 shares of the company’s stock worth $139,613,000 after buying an additional 1,191,466 shares during the last quarter. Elo Mutual Pension Insurance Co boosted its holdings in shares of iShares MSCI China ETF by 43.3% in the 4th quarter. Elo Mutual Pension Insurance Co now owns 1,302,890 shares of the company’s stock valued at $61,053,000 after buying an additional 393,630 shares in the last quarter. Galvin Gaustad & Stein LLC purchased a new position in shares of iShares MSCI China ETF in the 4th quarter valued at $11,211,000. Finally, LPL Financial LLC raised its stake in iShares MSCI China ETF by 14.7% during the 4th quarter. LPL Financial LLC now owns 1,401,303 shares of the company’s stock worth $65,665,000 after acquiring an additional 179,251 shares in the last quarter.

iShares MSCI China ETF Price Performance

NASDAQ MCHI opened at $50.56 on Tuesday. The company has a fifty day moving average of $53.34 and a two-hundred day moving average of $50.22. The company has a market capitalization of $5.73 billion, a PE ratio of 11.66 and a beta of 0.49. iShares MSCI China ETF has a 1 year low of $38.83 and a 1 year high of $59.79.

iShares MSCI China ETF Company 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.