iShares MSCI China ETF (MCHI) To Go Ex-Dividend on December 16th

iShares MSCI China ETF (NASDAQ:MCHI) announced a dividend on Monday, December 15th. Investors of record on Tuesday, December 16th will be given a dividend of 0.735 per share on Friday, December 19th. This represents a yield of 246.0%. The ex-dividend date of this dividend is Tuesday, December 16th.

iShares MSCI China ETF Trading Down 1.9%

Shares of MCHI opened at $59.70 on Wednesday. The stock has a market cap of $7.65 billion, a P/E ratio of 13.11 and a beta of 0.26. iShares MSCI China ETF has a 1 year low of $43.70 and a 1 year high of $67.37. The stock’s 50-day moving average price is $63.01 and its two-hundred day moving average price is $60.46.

Hedge Funds Weigh In On iShares MSCI China ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. JPMorgan Chase & Co. raised its stake in iShares MSCI China ETF by 522.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,102,717 shares of the company’s stock worth $204,314,000 after buying an additional 2,604,585 shares during the period. Meitav Investment House Ltd. raised its position in shares of iShares MSCI China ETF by 0.4% during the second quarter. Meitav Investment House Ltd. now owns 2,601,233 shares of the company’s stock worth $143,385,000 after purchasing an additional 9,972 shares during the period. Bank of America Corp DE lifted its holdings in shares of iShares MSCI China ETF by 855.9% during the 3rd quarter. Bank of America Corp DE now owns 1,479,714 shares of the company’s stock valued at $97,439,000 after purchasing an additional 1,324,910 shares in the last quarter. Banco Bilbao Vizcaya Argentaria S.A. grew its position in shares of iShares MSCI China ETF by 1,181.9% in the 1st quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 1,236,161 shares of the company’s stock valued at $67,394,000 after purchasing an additional 1,139,727 shares during the period. Finally, Nipun Capital L.P. grew its position in shares of iShares MSCI China ETF by 4.1% in the 2nd quarter. Nipun Capital L.P. now owns 747,200 shares of the company’s stock valued at $41,171,000 after purchasing an additional 29,300 shares during the period.

About iShares MSCI China ETF

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.