iShares MSCI China ETF $MCHI Shares Sold by RBF Capital LLC

RBF Capital LLC cut its position in iShares MSCI China ETF (NASDAQ:MCHIFree Report) by 20.0% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 40,000 shares of the company’s stock after selling 10,000 shares during the period. RBF Capital LLC’s holdings in iShares MSCI China ETF were worth $2,403,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of MCHI. Financial Life Planners acquired a new stake in shares of iShares MSCI China ETF in the third quarter valued at $26,000. JPL Wealth Management LLC acquired a new stake in shares of iShares MSCI China ETF in the third quarter valued at $34,000. Aventura Private Wealth LLC acquired a new stake in shares of iShares MSCI China ETF in the fourth quarter valued at $38,000. Whittier Trust Co. acquired a new stake in shares of iShares MSCI China ETF in the fourth quarter valued at $38,000. Finally, Advisory Services Network LLC acquired a new stake in shares of iShares MSCI China ETF in the third quarter valued at $39,000.

iShares MSCI China ETF Trading Down 1.5%

Shares of NASDAQ MCHI opened at $54.13 on Wednesday. iShares MSCI China ETF has a twelve month low of $53.40 and a twelve month high of $67.37. The stock has a fifty day simple moving average of $56.67 and a 200-day simple moving average of $59.00. The stock has a market capitalization of $6.34 billion, a PE ratio of 13.11 and a beta of 0.32.

iShares MSCI China ETF Announces Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, June 18th. Stockholders of record on Monday, June 15th will be paid a $0.3613 dividend. The ex-dividend date of this dividend is Monday, June 15th.

About iShares MSCI China ETF

(Free Report)

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. Securities are weighted based on the total market value of their shares so that securities with higher total market values generally have a higher representation in the index.

Further Reading

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Institutional Ownership by Quarter for iShares MSCI China ETF (NASDAQ:MCHI)

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