Mirae Asset Global Investments Co. Ltd. Takes Position in iShares MSCI China Multisector Tech ETF (NASDAQ:TCHI)

Mirae Asset Global Investments Co. Ltd. acquired a new stake in iShares MSCI China Multisector Tech ETF (NASDAQ:TCHI) in the 1st quarter, according to the company in its most recent filing with the SEC. The fund acquired 205,830 shares of the company’s stock, valued at approximately $4,137,000. Mirae Asset Global Investments Co. Ltd. owned approximately 17.15% of iShares MSCI China Multisector Tech ETF as of its most recent SEC filing.

Separately, OLD Mission Capital LLC bought a new stake in shares of iShares MSCI China Multisector Tech ETF in the 4th quarter valued at $338,000.

iShares MSCI China Multisector Tech ETF Trading Down 0.1%

NASDAQ TCHI opened at $19.90 on Wednesday. The company has a fifty day simple moving average of $19.03 and a 200 day simple moving average of $19.11. iShares MSCI China Multisector Tech ETF has a 12-month low of $14.63 and a 12-month high of $22.58. The company has a market cap of $23.88 million, a P/E ratio of 16.61 and a beta of 0.33.

iShares MSCI China Multisector Tech ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, June 20th. Investors of record on Monday, June 16th were given a $0.1083 dividend. The ex-dividend date was Monday, June 16th.

iShares MSCI China Multisector Tech ETF Company Profile

The iShares MSCI China Multisector Tech ETF (TCHI) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market cap-weighted index of large- and mid-cap Chinese equities in technology and technology-related industries. TCHI was launched on Jan 25, 2022 and is managed by BlackRock.