Nipun Capital L.P. Acquires Shares of 499,875 iShares MSCI China ETF (NASDAQ:MCHI)

Nipun Capital L.P. acquired a new stake in shares of iShares MSCI China ETF (NASDAQ:MCHI) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 499,875 shares of the company’s stock, valued at approximately $20,365,000. iShares MSCI China ETF makes up 19.6% of Nipun Capital L.P.’s investment portfolio, making the stock its 2nd largest holding. Nipun Capital L.P. owned approximately 0.37% of iShares MSCI China ETF at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. AE Wealth Management LLC increased its position in iShares MSCI China ETF by 94.2% in the third quarter. AE Wealth Management LLC now owns 19,720 shares of the company’s stock worth $854,000 after purchasing an additional 9,565 shares during the last quarter. Global Retirement Partners LLC grew its stake in shares of iShares MSCI China ETF by 53.7% in the 3rd quarter. Global Retirement Partners LLC now owns 1,483 shares of the company’s stock worth $62,000 after buying an additional 518 shares in the last quarter. Caprock Group LLC increased its holdings in shares of iShares MSCI China ETF by 38.2% in the 3rd quarter. Caprock Group LLC now owns 21,005 shares of the company’s stock worth $909,000 after buying an additional 5,804 shares during the last quarter. WestEnd Advisors LLC purchased a new stake in shares of iShares MSCI China ETF during the 3rd quarter valued at about $84,000. Finally, Patriot Financial Group Insurance Agency LLC purchased a new stake in shares of iShares MSCI China ETF during the 3rd quarter valued at about $207,000.

iShares MSCI China ETF Trading Up 0.5 %

Shares of NASDAQ MCHI traded up $0.21 during trading hours on Thursday, hitting $41.55. 1,999,614 shares of the company traded hands, compared to its average volume of 4,174,611. The company’s 50 day moving average price is $39.77 and its 200 day moving average price is $40.33. iShares MSCI China ETF has a 12 month low of $35.58 and a 12 month high of $49.94. The stock has a market capitalization of $4.95 billion, a price-to-earnings ratio of 9.37 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.