First Republic Investment Management Inc. Buys 162,271 Shares of iShares MSCI China ETF (NASDAQ:MCHI)

First Republic Investment Management Inc. lifted its stake in iShares MSCI China ETF (NASDAQ:MCHI – Get Rating) by 76.5% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 374,338 shares of the company’s stock after acquiring an additional 162,271 shares during the period. First Republic Investment Management Inc.’s holdings in iShares MSCI China ETF were worth $15,932,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in MCHI. Parallel Advisors LLC acquired a new position in iShares MSCI China ETF in the second quarter worth about $33,000. IAG Wealth Partners LLC raised its holdings in shares of iShares MSCI China ETF by 44.6% in the 2nd quarter. IAG Wealth Partners LLC now owns 810 shares of the company’s stock worth $45,000 after buying an additional 250 shares in the last quarter. Ronald Blue Trust Inc. bought a new position in shares of iShares MSCI China ETF during the 2nd quarter worth approximately $55,000. Private Trust Co. NA acquired a new stake in iShares MSCI China ETF in the 2nd quarter valued at $74,000. Finally, Global Retirement Partners LLC grew its position in iShares MSCI China ETF by 22.8% in the third quarter. Global Retirement Partners LLC now owns 1,565 shares of the company’s stock valued at $56,000 after acquiring an additional 291 shares during the period.

iShares MSCI China ETF Trading Down 0.1 %

iShares MSCI China ETF stock opened at $55.26 on Wednesday. The stock has a fifty day moving average price of $48.59 and a two-hundred day moving average price of $46.82. iShares MSCI China ETF has a 52-week low of $35.02 and a 52-week high of $64.48.

iShares MSCI China ETF Increases Dividend

The company also recently announced a Semi-Annual dividend, which was paid on Monday, December 19th. Investors of record on Wednesday, December 14th were given a dividend of $0.712 per share. The ex-dividend date was Tuesday, December 13th. This is a boost from iShares MSCI China ETF’s previous Semi-Annual dividend of $0.48.

iShares MSCI China ETF Profile

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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.