Darwin Wealth Management LLC Lowers Stock Position in iShares MSCI China ETF (NASDAQ:MCHI)

Darwin Wealth Management LLC decreased its position in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 13.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 54,480 shares of the company’s stock after selling 8,800 shares during the period. Darwin Wealth Management LLC’s holdings in iShares MSCI China ETF were worth $2,219,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of MCHI. Modera Wealth Management LLC purchased a new position in iShares MSCI China ETF during the third quarter worth about $30,000. Fortitude Family Office LLC purchased a new stake in shares of iShares MSCI China ETF during the 4th quarter worth approximately $34,000. Signature Resources Capital Management LLC purchased a new stake in iShares MSCI China ETF in the 4th quarter valued at $40,000. Provence Wealth Management Group purchased a new stake in iShares MSCI China ETF in the 3rd quarter valued at $51,000. Finally, CWM LLC increased its stake in iShares MSCI China ETF by 359.1% in the 4th quarter. CWM LLC now owns 2,176 shares of the company’s stock valued at $89,000 after buying an additional 1,702 shares during the period.

iShares MSCI China ETF Stock Performance

MCHI traded up $0.32 during trading on Friday, hitting $45.21. The stock had a trading volume of 598,021 shares, compared to its average volume of 4,113,544. iShares MSCI China ETF has a twelve month low of $35.58 and a twelve month high of $49.94. The firm has a market capitalization of $5.35 billion, a P/E ratio of 9.70 and a beta of 0.49. The company’s 50-day moving average price is $40.65 and its 200 day moving average price is $40.38.

iShares MSCI China ETF Company 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.