Hyposwiss Advisors SA Makes New $1.62 Million Investment in iShares MSCI China ETF $MCHI

Hyposwiss Advisors SA bought a new position in shares of iShares MSCI China ETF (NASDAQ:MCHI) in the 4th quarter, HoldingsChannel reports. The fund bought 27,025 shares of the company’s stock, valued at approximately $1,623,000. iShares MSCI China ETF makes up 1.6% of Hyposwiss Advisors SA’s portfolio, making the stock its 23rd biggest holding.

Several other hedge funds also recently bought and sold shares of the stock. Fort Sheridan Advisors LLC boosted its stake in iShares MSCI China ETF by 5.2% during the fourth 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 boosted its stake in iShares MSCI China ETF by 11.2% during the fourth quarter. Banque Cantonale Vaudoise now owns 1,777 shares of the company’s stock worth $107,000 after buying an additional 179 shares during the period. Bank of Nova Scotia boosted its stake in 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 buying an additional 246 shares during the period. IHT Wealth Management LLC lifted 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 purchasing an additional 277 shares in the last quarter. Finally, New England Private Wealth Advisors LLC lifted its position 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 worth $1,408,000 after purchasing an additional 281 shares in the last quarter.

iShares MSCI China ETF Stock Performance

NASDAQ MCHI opened at $53.00 on Thursday. The firm has a 50 day simple moving average of $56.61 and a 200-day simple moving average of $58.94. iShares MSCI China ETF has a one year low of $52.88 and a one year high of $67.37. The firm has a market cap of $6.21 billion, a price-to-earnings ratio of 13.11 and a beta of 0.32.

iShares MSCI China ETF Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, June 18th. Stockholders of record on Monday, June 15th will be paid a $0.3613 dividend. The ex-dividend date of this dividend is Monday, June 15th.

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. 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.