Mediolanum International Funds Ltd Takes $253,000 Position in iShares MSCI China ETF (NASDAQ:MCHI)

Mediolanum International Funds Ltd bought a new position in shares of iShares MSCI China ETF (NASDAQ:MCHI) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 5,404 shares of the company’s stock, valued at approximately $253,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MCHI. Safe Harbor Fiduciary LLC bought a new position in shares of iShares MSCI China ETF during the 3rd quarter valued at about $27,000. Avior Wealth Management LLC lifted its stake in iShares MSCI China ETF by 114.2% during the fourth quarter. Avior Wealth Management LLC now owns 1,071 shares of the company’s stock valued at $50,000 after purchasing an additional 571 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. bought a new stake in iShares MSCI China ETF during the fourth quarter worth approximately $68,000. Union Bancaire Privee UBP SA acquired a new position in iShares MSCI China ETF in the fourth quarter worth approximately $127,000. Finally, Blue Trust Inc. increased its holdings in shares of iShares MSCI China ETF by 137.6% in the third quarter. Blue Trust Inc. now owns 3,272 shares of the company’s stock valued at $167,000 after buying an additional 1,895 shares in the last quarter.

iShares MSCI China ETF Stock Down 2.1 %

MCHI opened at $48.41 on Monday. The firm has a market cap of $5.19 billion, a PE ratio of 10.76 and a beta of 0.49. The business has a fifty day simple moving average of $46.98 and a 200-day simple moving average of $46.16. iShares MSCI China ETF has a fifty-two week low of $35.90 and a fifty-two week high of $59.78.

iShares MSCI China ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were paid a dividend of $0.8911 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

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.