Global Retirement Partners LLC Acquires 309 Shares of iShares MSCI China ETF (NASDAQ:MCHI)

Global Retirement Partners LLC lifted its stake in iShares MSCI China ETF (NASDAQ:MCHI) by 13.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,570 shares of the company’s stock after purchasing an additional 309 shares during the period. Global Retirement Partners LLC’s holdings in iShares MSCI China ETF were worth $120,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in MCHI. Safe Harbor Fiduciary LLC bought a new position in iShares MSCI China ETF in the 3rd quarter worth about $27,000. Avior Wealth Management LLC boosted its holdings in shares of iShares MSCI China ETF by 114.2% in the fourth quarter. Avior Wealth Management LLC now owns 1,071 shares of the company’s stock valued at $50,000 after purchasing an additional 571 shares during the period. Harel Insurance Investments & Financial Services Ltd. bought a new position in iShares MSCI China ETF in the fourth quarter worth approximately $68,000. Union Bancaire Privee UBP SA purchased a new position in iShares MSCI China ETF during the 4th quarter worth $127,000. Finally, Creative Planning bought a new stake in iShares MSCI China ETF during the 3rd quarter valued at $221,000.

iShares MSCI China ETF Trading Down 0.9 %

Shares of MCHI stock opened at $54.91 on Friday. iShares MSCI China ETF has a twelve month low of $38.40 and a twelve month high of $59.78. The stock has a fifty day simple moving average of $48.72 and a two-hundred day simple moving average of $47.56. The stock has a market capitalization of $5.89 billion, a price-to-earnings ratio of 13.24 and a beta of 0.49.

iShares MSCI China ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid a $0.8911 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

iShares MSCI China ETF 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.