iShares MSCI China ETF $MCHI Shares Sold by Journey Advisory Group LLC

Journey Advisory Group LLC cut its stake in iShares MSCI China ETF (NASDAQ:MCHI) by 80.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 37,399 shares of the company’s stock after selling 153,433 shares during the quarter. Journey Advisory Group LLC’s holdings in iShares MSCI China ETF were worth $2,101,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. JPL Wealth Management LLC purchased a new stake in shares of iShares MSCI China ETF during the third quarter worth approximately $34,000. Aventura Private Wealth LLC purchased a new position in iShares MSCI China ETF in the 4th quarter valued at $38,000. Whittier Trust Co. purchased a new position in iShares MSCI China ETF in the 4th quarter valued at $38,000. Advisory Services Network LLC acquired a new stake in iShares MSCI China ETF during the 3rd quarter worth $39,000. Finally, Zions Bancorporation National Association UT acquired a new stake in iShares MSCI China ETF during the 4th quarter worth $39,000.

iShares MSCI China ETF Stock Up 1.7%

iShares MSCI China ETF stock opened at $54.15 on Thursday. iShares MSCI China ETF has a 52-week low of $49.88 and a 52-week high of $67.37. The firm has a market capitalization of $6.13 billion, a price-to-earnings ratio of 13.11 and a beta of 0.33. The company has a fifty day simple moving average of $54.36 and a 200-day simple moving average of $57.63.

iShares MSCI China ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were given a dividend of $0.3613 per share. The ex-dividend date was Monday, June 15th.

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. 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.