Analyst IMS Investment Management Services Ltd. Lowers Stock Holdings in iShares MSCI China ETF (NASDAQ:MCHI)

Analyst IMS Investment Management Services Ltd. decreased its position in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 0.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 493,515 shares of the company’s stock after selling 2,849 shares during the period. iShares MSCI China ETF makes up approximately 0.8% of Analyst IMS Investment Management Services Ltd.’s holdings, making the stock its 13th largest holding. Analyst IMS Investment Management Services Ltd.’s holdings in iShares MSCI China ETF were worth $23,126,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Safe Harbor Fiduciary LLC purchased a new stake in iShares MSCI China ETF during the third quarter valued at about $27,000. Jones Financial Companies Lllp increased its holdings in shares of iShares MSCI China ETF by 8,818.2% in the fourth quarter. Jones Financial Companies Lllp now owns 981 shares of the company’s stock worth $46,000 after buying an additional 970 shares during the period. Avior Wealth Management LLC increased its holdings in shares of iShares MSCI China ETF by 114.2% in the fourth quarter. Avior Wealth Management LLC now owns 1,071 shares of the company’s stock worth $50,000 after buying an additional 571 shares during the period. Harel Insurance Investments & Financial Services Ltd. purchased a new position in shares of iShares MSCI China ETF in the fourth quarter worth about $68,000. Finally, Private Trust Co. NA increased its holdings in shares of iShares MSCI China ETF by 44.3% in the fourth quarter. Private Trust Co. NA now owns 1,766 shares of the company’s stock worth $83,000 after buying an additional 542 shares during the period.

iShares MSCI China ETF Trading Up 0.3 %

MCHI opened at $55.77 on Friday. The company has a market cap of $5.98 billion, a P/E ratio of 13.52 and a beta of 0.49. The business’s 50-day moving average price is $50.31 and its 200-day moving average price is $48.46. iShares MSCI China ETF has a 12 month low of $38.83 and a 12 month high of $59.78.

iShares MSCI China ETF Dividend Announcement

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