Meitav Investment House Ltd. Acquires 328,915 Shares of iShares MSCI China ETF $MCHI

Meitav Investment House Ltd. grew its stake in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 38.9% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,175,148 shares of the company’s stock after purchasing an additional 328,915 shares during the quarter. Meitav Investment House Ltd. owned approximately 0.99% of iShares MSCI China ETF worth $66,020,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Fort Sheridan Advisors LLC increased its stake in iShares MSCI China ETF by 5.2% in the 4th quarter. Fort Sheridan Advisors LLC now owns 3,397 shares of the company’s stock worth $204,000 after buying an additional 168 shares during the period. Banque Cantonale Vaudoise grew its stake in iShares MSCI China ETF by 11.2% in the 4th quarter. Banque Cantonale Vaudoise now owns 1,777 shares of the company’s stock worth $107,000 after acquiring an additional 179 shares in the last quarter. Bank of Nova Scotia increased its position in shares of iShares MSCI China ETF by 1.5% during the second quarter. Bank of Nova Scotia now owns 17,052 shares of the company’s stock worth $939,000 after acquiring an additional 246 shares during the period. IHT Wealth Management LLC increased its position in shares of iShares MSCI China ETF by 2.2% during the second quarter. IHT Wealth Management LLC now owns 13,101 shares of the company’s stock worth $722,000 after acquiring an additional 277 shares during the period. Finally, New England Private Wealth Advisors LLC raised its stake in shares of iShares MSCI China ETF by 1.2% during the fourth quarter. New England Private Wealth Advisors LLC now owns 23,441 shares of the company’s stock valued at $1,408,000 after acquiring an additional 281 shares in the last quarter.

iShares MSCI China ETF Trading Down 0.6%

Shares of NASDAQ MCHI traded down $0.33 during trading hours on Tuesday, reaching $51.69. The stock had a trading volume of 672,526 shares, compared to its average volume of 3,545,714. The firm has a market cap of $5.94 billion, a price-to-earnings ratio of 13.11 and a beta of 0.33. The business’s fifty day moving average price is $54.98 and its two-hundred day moving average price is $58.00. iShares MSCI China ETF has a 52-week low of $49.88 and a 52-week high of $67.37.

iShares MSCI China ETF Dividend Announcement

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

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. 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.