Interchange Capital Partners LLC Sells 1,521 Shares of iShares MSCI China ETF $MCHI

Interchange Capital Partners LLC lessened its stake in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 35.3% during the second quarter, Holdings Channel.com reports. The firm owned 2,791 shares of the company’s stock after selling 1,521 shares during the period. Interchange Capital Partners LLC’s holdings in iShares MSCI China ETF were worth $154,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Gallacher Capital Management LLC increased its stake in iShares MSCI China ETF by 0.9% during the 2nd quarter. Gallacher Capital Management LLC now owns 31,375 shares of the company’s stock valued at $1,729,000 after purchasing an additional 273 shares in the last quarter. Arrow Investment Advisors LLC raised its holdings in shares of iShares MSCI China ETF by 2.5% in the 2nd quarter. Arrow Investment Advisors LLC now owns 11,974 shares of the company’s stock worth $660,000 after acquiring an additional 294 shares during the last quarter. OneDigital Investment Advisors LLC raised its holdings in shares of iShares MSCI China ETF by 5.2% in the 1st quarter. OneDigital Investment Advisors LLC now owns 6,153 shares of the company’s stock worth $335,000 after acquiring an additional 305 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in shares of iShares MSCI China ETF by 6.0% in the 2nd quarter. Farther Finance Advisors LLC now owns 9,081 shares of the company’s stock worth $500,000 after acquiring an additional 515 shares during the last quarter. Finally, Elequin Capital LP acquired a new stake in shares of iShares MSCI China ETF in the 1st quarter worth about $31,000.

iShares MSCI China ETF Price Performance

MCHI opened at $62.58 on Wednesday. iShares MSCI China ETF has a fifty-two week low of $43.70 and a fifty-two week high of $67.37. The firm has a market capitalization of $8.07 billion, a PE ratio of 13.11 and a beta of 0.49. The company’s 50-day moving average is $62.54 and its 200 day moving average is $56.94.

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.