November 23, 2016 - By Marie Mckinney · 0 Comments
Nov 23 is a negative day so far for iShares MSCI China (NASDAQ:MCHI) as the ETF is active during the day after losing 0.65% to hit $45.81 per share. The exchange traded fund has 2.26B net assets and 1.12% volatility this month.
Over the course of the day shares traded hands, as compared to an average volume of 1.58M over the last 30 days for iShares MSCI China (NASDAQ:MCHI).
The ETF is -9.35% of its 52-Week High and 28.38% of its low, and is currently having ATR of 0.8. This year’s performance is 1.48% while this quarter’s performance is -4.43%.
The ETF’s YTD performance is 6.26%, the 1 year is 1.64% and the 3 year is 2.14%.
The ETF’s average P/E ratio is 10.95, the price to book is 1.23, the price to sales is 1.19 and the price to cashflow is 3.59. It was started on 3/31/2011. The fund’s top holdings are: TENCENT HLDGS LTD HKD0.00002 for 12.23% of assets, Barclays Global In for 11.98%, Alibaba Group Holding Limited A for 9.31%, CHINA MOBILE LTD NPV for 5.74%, CHINA CONST BK ‘H’CNY1 for 5.03%, Baidu Inc. – American Deposita for 3.91%, IND & COM BK CHINA ‘H’CNY1 for 3.63%, BANK OF CHINA LTD ‘H’CNY1 for 2.91%, PING AN INSURANCE ‘H’CNY1 for 2.25%, CNOOC LTD NPV for 1.86%. The ETF sector weights are: Basic Materials 2.81%, Consumer Cyclical 16.32%, Financial Services 26.14%, Realestate 3.82%, Consumer Defensive 3.12%, Healthcare 1.97%, Utilities 2.71%, Communication Services 7.96%, Energy 5.74%, Industrials 4.58%, Technology 24.84%. The ETF currently as 1.99% yield.
More notable recent iShares MSCI China Index Fund (NASDAQ:MCHI) news were published by: Nasdaq.com which released: “First Week of May 2017 Options Trading For iShares MSCI China Index Fund (MCHI)” on October 21, 2016, also Forbes.com with their article: “iShares MSCI China Index Fund (MCHI) Enters Oversold Territory” published on March 19, 2013, Etfdailynews.com published: “China’s Debt May Be Reaching Critical Levels” on September 18, 2016. More interesting news about iShares MSCI China Index Fund (NASDAQ:MCHI) were released by: Etfdailynews.com and their article: “With China Stocks Looking Up, Here’s the Right ETF to Choose” published on August 29, 2016 as well as Etfdailynews.com‘s news article titled: “Best Sectors To Buy In The Fourth Quarter” with publication date: October 12, 2015.
iShares MSCI China ETF, formerly iShares MSCI China Index Fund , is an exchange traded fund. The company has a market cap of $2.26 billion. The Fund seeks investment results that correspond to the price and yield performance, of the MSCI China Index (the Underlying Index). It currently has negative earnings. 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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By Marie Mckinney