Angeles Investment Advisors LLC Makes New Investment in iShares MSCI China ETF (NASDAQ:MCHI)

Angeles Investment Advisors LLC acquired a new stake in shares of iShares MSCI China ETF (NASDAQ:MCHI) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 295,000 shares of the company’s stock, valued at approximately $12,440,000. iShares MSCI China ETF accounts for about 0.6% of Angeles Investment Advisors LLC’s investment portfolio, making the stock its 19th largest holding.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Meitav Investment House Ltd. lifted its holdings in iShares MSCI China ETF by 80.3% in the second quarter. Meitav Investment House Ltd. now owns 2,861,866 shares of the company’s stock valued at $120,663,000 after acquiring an additional 1,275,000 shares during the period. Elo Mutual Pension Insurance Co bought a new position in shares of iShares MSCI China ETF in the 4th quarter worth approximately $33,835,000. Morningstar Investment Services LLC boosted its holdings in shares of iShares MSCI China ETF by 98.6% in the fourth quarter. Morningstar Investment Services LLC now owns 1,645,445 shares of the company’s stock worth $66,575,000 after buying an additional 817,094 shares during the last quarter. DRW Securities LLC boosted its holdings in shares of iShares MSCI China ETF by 81.9% in the fourth quarter. DRW Securities LLC now owns 865,990 shares of the company’s stock worth $35,280,000 after buying an additional 389,828 shares during the last quarter. Finally, Bank of Nova Scotia grew its position in iShares MSCI China ETF by 74.8% during the fourth quarter. Bank of Nova Scotia now owns 748,486 shares of the company’s stock valued at $30,492,000 after buying an additional 320,237 shares during the period.

iShares MSCI China ETF Trading Up 0.3 %

MCHI opened at $40.90 on Monday. iShares MSCI China ETF has a 1-year low of $35.58 and a 1-year high of $47.69. The firm’s 50 day simple moving average is $41.73 and its two-hundred day simple moving average is $42.05. The company has a market capitalization of $4.60 billion, a PE ratio of 10.76 and a beta of 0.49.

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.