Erste Asset Management GmbH Purchases Shares of 201,539 iShares MSCI China ETF (NASDAQ:MCHI)

Erste Asset Management GmbH acquired a new position in shares of iShares MSCI China ETF (NASDAQ:MCHI) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 201,539 shares of the company’s stock, valued at approximately $10,260,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Flow Traders U.S. LLC bought a new position in iShares MSCI China ETF during the third quarter worth $14,982,000. BNP Paribas Financial Markets raised its stake in iShares MSCI China ETF by 8.5% during the 3rd quarter. BNP Paribas Financial Markets now owns 154,736 shares of the company’s stock worth $7,878,000 after buying an additional 12,109 shares during the period. D.A. Davidson & CO. boosted its holdings in iShares MSCI China ETF by 127.6% in the third quarter. D.A. Davidson & CO. now owns 66,475 shares of the company’s stock worth $3,384,000 after acquiring an additional 37,264 shares in the last quarter. Penserra Capital Management LLC boosted its holdings in iShares MSCI China ETF by 4.3% in the third quarter. Penserra Capital Management LLC now owns 356,253 shares of the company’s stock worth $18,136,000 after acquiring an additional 14,546 shares in the last quarter. Finally, CIBC Asset Management Inc bought a new stake in shares of iShares MSCI China ETF during the third quarter valued at approximately $253,000.

iShares MSCI China ETF Stock Up 0.2 %

Shares of NASDAQ:MCHI opened at $47.32 on Monday. The stock’s 50 day moving average is $49.84 and its 200-day moving average is $45.20. iShares MSCI China ETF has a twelve month low of $35.58 and a twelve month high of $59.78. The firm has a market capitalization of $5.95 billion, a price-to-earnings ratio of 10.76 and a beta of 0.49.

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.