Bridgewater Associates LP Sells 17,945 Shares of iShares MSCI China ETF (NASDAQ:MCHI)

Bridgewater Associates LP lowered its position in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 2.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 732,513 shares of the company’s stock after selling 17,945 shares during the period. Bridgewater Associates LP’s holdings in iShares MSCI China ETF were worth $37,292,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of MCHI. ASB Consultores LLC raised its holdings in shares of iShares MSCI China ETF by 3.9% during the 2nd quarter. ASB Consultores LLC now owns 6,814 shares of the company’s stock valued at $287,000 after buying an additional 254 shares in the last quarter. Cetera Investment Advisers lifted its holdings in shares of iShares MSCI China ETF by 0.4% in the 2nd quarter. Cetera Investment Advisers now owns 71,420 shares of the company’s stock worth $3,012,000 after acquiring an additional 307 shares during the last quarter. Fiduciary Financial Group LLC boosted its stake in shares of iShares MSCI China ETF by 5.2% in the 3rd quarter. Fiduciary Financial Group LLC now owns 8,526 shares of the company’s stock valued at $454,000 after purchasing an additional 418 shares in the last quarter. Axiom Advisory LLC raised its position in iShares MSCI China ETF by 1.6% in the 3rd quarter. Axiom Advisory LLC now owns 36,544 shares of the company’s stock worth $1,860,000 after purchasing an additional 571 shares during the period. Finally, Bank of New York Mellon Corp lifted its stake in iShares MSCI China ETF by 1.7% in the second quarter. Bank of New York Mellon Corp now owns 48,149 shares of the company’s stock worth $2,030,000 after purchasing an additional 801 shares during the last quarter.

iShares MSCI China ETF Price Performance

MCHI opened at $46.10 on Wednesday. The stock’s 50 day simple moving average is $49.53 and its 200 day simple moving average is $45.17. The firm has a market cap of $5.80 billion, a price-to-earnings ratio of 10.76 and a beta of 0.49. iShares MSCI China ETF has a 1 year low of $35.58 and a 1 year high of $59.78.

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.