Bank Julius Baer & Co. Ltd Zurich Boosts Stake in iShares MSCI China ETF $MCHI

Bank Julius Baer & Co. Ltd Zurich boosted its position in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 21.8% in the fourth quarter, Holdings Channel reports. The fund owned 2,269,856 shares of the company’s stock after purchasing an additional 406,236 shares during the quarter. Bank Julius Baer & Co. Ltd Zurich’s holdings in iShares MSCI China ETF were worth $136,350,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. Angeles Investment Advisors LLC purchased a new stake in iShares MSCI China ETF during the third quarter valued at $14,948,000. Strategic Investment Advisors MI purchased a new stake in iShares MSCI China ETF during the third quarter valued at $1,945,000. Caprock Group LLC purchased a new stake in iShares MSCI China ETF during the third quarter valued at $1,306,000. JPMorgan Chase & Co. increased its position in iShares MSCI China ETF by 522.9% during the third quarter. JPMorgan Chase & Co. now owns 3,102,717 shares of the company’s stock valued at $204,314,000 after acquiring an additional 2,604,585 shares during the last quarter. Finally, Banco Bilbao Vizcaya Argentaria S.A. increased its position in iShares MSCI China ETF by 4.0% during the third quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 712,244 shares of the company’s stock valued at $46,850,000 after acquiring an additional 27,070 shares during the last quarter.

iShares MSCI China ETF Stock Performance

iShares MSCI China ETF stock opened at $59.79 on Thursday. The stock has a market cap of $7.01 billion, a PE ratio of 13.11 and a beta of 0.34. iShares MSCI China ETF has a one year low of $52.53 and a one year high of $67.37. The stock has a fifty day moving average of $57.26 and a 200 day moving average of $60.35.

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.