DHK Financial Advisors Inc. Has $1.08 Million Stake in iShares MSCI China ETF (NASDAQ:MCHI)

DHK Financial Advisors Inc. grew its stake in iShares MSCI China ETF (NASDAQ:MCHI) by 1.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 22,931 shares of the company’s stock after purchasing an additional 425 shares during the period. DHK Financial Advisors Inc.’s holdings in iShares MSCI China ETF were worth $1,075,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in MCHI. The Manufacturers Life Insurance Company increased its holdings in shares of iShares MSCI China ETF by 69.7% during the second quarter. The Manufacturers Life Insurance Company now owns 308,775 shares of the company’s stock worth $13,021,000 after buying an additional 126,823 shares in the last quarter. B. Riley Wealth Advisors Inc. bought a new position in iShares MSCI China ETF in the second quarter valued at about $2,947,000. Cetera Investment Advisers boosted its stake in shares of iShares MSCI China ETF by 0.4% during the second quarter. Cetera Investment Advisers now owns 71,420 shares of the company’s stock valued at $3,012,000 after purchasing an additional 307 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in shares of iShares MSCI China ETF during the second quarter worth about $3,450,000. Finally, Healthcare of Ontario Pension Plan Trust Fund acquired a new position in shares of iShares MSCI China ETF in the second quarter valued at approximately $422,000.

iShares MSCI China ETF Price Performance

NASDAQ:MCHI opened at $48.40 on Wednesday. iShares MSCI China ETF has a one year low of $35.90 and a one year high of $59.78. The company has a market cap of $5.19 billion, a PE ratio of 10.76 and a beta of 0.49. The firm’s 50 day simple moving average is $46.88 and its 200 day simple moving average is $46.03.

iShares MSCI China ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid a $0.8911 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

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.