OVERSEA CHINESE BANKING Corp Ltd Sells 225,814 Shares of iShares MSCI China ETF $MCHI

OVERSEA CHINESE BANKING Corp Ltd lessened its holdings in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 55.0% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 184,449 shares of the company’s stock after selling 225,814 shares during the period. OVERSEA CHINESE BANKING Corp Ltd owned 0.14% of iShares MSCI China ETF worth $11,078,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Financial Life Planners bought a new stake in shares of iShares MSCI China ETF during the third quarter worth $26,000. JPL Wealth Management LLC acquired a new position in shares of iShares MSCI China ETF during the third quarter valued at $34,000. Advisory Services Network LLC acquired a new position in shares of iShares MSCI China ETF during the third quarter valued at $39,000. Whittier Trust Co. acquired a new position in shares of iShares MSCI China ETF during the fourth quarter valued at $38,000. Finally, Aventura Private Wealth LLC acquired a new position in shares of iShares MSCI China ETF during the fourth quarter valued at $38,000.

iShares MSCI China ETF Stock Down 1.9%

Shares of MCHI opened at $58.16 on Wednesday. iShares MSCI China ETF has a 12-month low of $50.46 and a 12-month high of $67.37. The firm has a market capitalization of $6.89 billion, a PE ratio of 13.11 and a beta of 0.34. The stock’s fifty day simple moving average is $57.94 and its 200-day simple moving average is $60.95.

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. 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.