Lido Advisors LLC Acquires 604,649 Shares of iShares MSCI China ETF $MCHI

Lido Advisors LLC bought a new position in iShares MSCI China ETF (NASDAQ:MCHI) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 604,649 shares of the company’s stock, valued at approximately $31,557,000. Lido Advisors LLC owned about 0.54% of iShares MSCI China ETF as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the stock. New York Life Investment Management LLC purchased a new position in iShares MSCI China ETF in the 3rd quarter worth about $18,285,000. 180 Wealth Advisors LLC raised its holdings in iShares MSCI China ETF by 12.4% during the 3rd quarter. 180 Wealth Advisors LLC now owns 74,756 shares of the company’s stock worth $3,901,000 after buying an additional 8,267 shares during the period. StoneX Group Inc. acquired a new stake in iShares MSCI China ETF during the 3rd quarter worth about $403,000. Guidance Capital Inc. lifted its stake in iShares MSCI China ETF by 9.7% during the third quarter. Guidance Capital Inc. now owns 24,175 shares of the company’s stock valued at $1,199,000 after buying an additional 2,132 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC lifted its stake in iShares MSCI China ETF by 46.3% during the third quarter. Ashton Thomas Private Wealth LLC now owns 19,534 shares of the company’s stock valued at $1,019,000 after buying an additional 6,184 shares in the last quarter.

iShares MSCI China ETF Trading Down 0.8%

MCHI stock opened at $51.10 on Wednesday. iShares MSCI China ETF has a one year low of $48.65 and a one year high of $65.37. The firm has a 50-day moving average of $51.87 and a two-hundred day moving average of $55.36. The firm has a market capitalization of $5.73 billion, a PE ratio of 11.52 and a beta of 0.33.

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.