Squarepoint Ops LLC Takes $6.40 Million Position in iShares MSCI China ETF $MCHI

Squarepoint Ops LLC acquired a new position in iShares MSCI China ETF (NASDAQ:MCHI) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 125,462 shares of the company’s stock, valued at approximately $6,402,000. Squarepoint Ops LLC owned approximately 0.11% of iShares MSCI China ETF at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Fosun International Ltd purchased a new stake in shares of iShares MSCI China ETF in the fourth quarter worth approximately $10,452,000. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of iShares MSCI China ETF by 19,983.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 916,424 shares of the company’s stock worth $55,050,000 after purchasing an additional 911,861 shares during the period. Jordan Park Group LLC grew its position in iShares MSCI China ETF by 28.0% during the fourth quarter. Jordan Park Group LLC now owns 722,206 shares of the company’s stock valued at $43,383,000 after purchasing an additional 157,985 shares in the last quarter. Phoenix Financial Ltd. grew its position in iShares MSCI China ETF by 164.6% during the fourth quarter. Phoenix Financial Ltd. now owns 1,322,800 shares of the company’s stock valued at $79,461,000 after purchasing an additional 822,800 shares in the last quarter. Finally, Temasek Holdings Private Ltd acquired a new position in iShares MSCI China ETF in the 4th quarter valued at approximately $44,741,000.

iShares MSCI China ETF Stock Down 1.0%

MCHI stock opened at $52.80 on Friday. iShares MSCI China ETF has a 12-month low of $49.88 and a 12-month high of $67.37. The company has a market cap of $5.96 billion, a price-to-earnings ratio of 13.11 and a beta of 0.34. The company has a 50 day moving average of $54.42 and a two-hundred day moving average of $55.59.

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. 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.