Tradewinds Capital Management LLC Buys New Shares in iShares MSCI China ETF (NASDAQ:MCHI)

Tradewinds Capital Management LLC bought a new stake in iShares MSCI China ETF (NASDAQ:MCHI) during the 4th quarter, HoldingsChannel reports. The firm bought 2,651 shares of the company’s stock, valued at approximately $124,000.

Several other hedge funds and other institutional investors have also bought and sold shares of MCHI. Alberta Investment Management Corp increased its stake in iShares MSCI China ETF by 66.6% in the fourth quarter. Alberta Investment Management Corp now owns 2,979,356 shares of the company’s stock valued at $139,613,000 after purchasing an additional 1,191,466 shares in the last quarter. Meitav Investment House Ltd. increased its stake in iShares MSCI China ETF by 1.7% in the third quarter. Meitav Investment House Ltd. now owns 2,910,106 shares of the company’s stock valued at $142,225,000 after purchasing an additional 48,240 shares in the last quarter. TT International Asset Management LTD bought a new stake in iShares MSCI China ETF in the third quarter valued at $35,807,000. Angeles Investment Advisors LLC increased its stake in iShares MSCI China ETF by 104.7% in the third quarter. Angeles Investment Advisors LLC now owns 604,000 shares of the company’s stock valued at $30,750,000 after purchasing an additional 309,000 shares in the last quarter. Finally, Penserra Capital Management LLC increased its stake in iShares MSCI China ETF by 4.3% in the third quarter. Penserra Capital Management LLC now owns 356,253 shares of the company’s stock valued at $18,136,000 after purchasing an additional 14,546 shares in the last quarter.

iShares MSCI China ETF Trading Up 1.9 %

MCHI opened at $55.77 on Friday. iShares MSCI China ETF has a 1-year low of $38.40 and a 1-year high of $59.78. The company has a market cap of $5.98 billion, a P/E ratio of 13.24 and a beta of 0.49. The company has a fifty day moving average price of $48.12 and a two-hundred day moving average price of $47.23.

iShares MSCI China ETF Dividend Announcement

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