Fis Group Inc. decreased its position in ISHARES TR/MSCI CHINA ETF (NASDAQ:MCHI) by 13.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 486,881 shares of the company’s stock after selling 73,920 shares during the quarter. ISHARES TR/MSCI CHINA ETF comprises approximately 10.6% of Fis Group Inc.’s holdings, making the stock its 2nd largest position. Fis Group Inc. owned approximately 0.67% of ISHARES TR/MSCI CHINA ETF worth $30,394,000 at the end of the most recent quarter.
Several other institutional investors have also recently made changes to their positions in the company. Cooper Financial Group acquired a new position in ISHARES TR/MSCI CHINA ETF during the fourth quarter valued at $226,000. Prudential Financial Inc. raised its position in ISHARES TR/MSCI CHINA ETF by 19.9% during the fourth quarter. Prudential Financial Inc. now owns 137,370 shares of the company’s stock valued at $7,250,000 after buying an additional 22,830 shares during the period. Carroll Financial Associates Inc. purchased a new position in ISHARES TR/MSCI CHINA ETF in the fourth quarter valued at about $212,000. Wharton Business Group LLC purchased a new position in ISHARES TR/MSCI CHINA ETF in the fourth quarter valued at about $9,432,000. Finally, Personal Resources Investment & Strategic Management Inc. purchased a new position in ISHARES TR/MSCI CHINA ETF in the fourth quarter valued at about $4,858,000.
Shares of NASDAQ MCHI opened at $59.74 on Friday. ISHARES TR/MSCI CHINA ETF has a one year low of $50.45 and a one year high of $72.16.
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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.
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