436,824 Shares in iShares MSCI China ETF $MCHI Purchased by USS Investment Management Ltd

USS Investment Management Ltd purchased a new stake in shares of iShares MSCI China ETF (NASDAQ:MCHI) in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 436,824 shares of the company’s stock, valued at approximately $24,547,000. USS Investment Management Ltd owned 0.37% of iShares MSCI China ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. Fort Sheridan Advisors LLC raised its position in iShares MSCI China ETF by 5.2% in the fourth quarter. Fort Sheridan Advisors LLC now owns 3,397 shares of the company’s stock worth $204,000 after acquiring an additional 168 shares during the period. Banque Cantonale Vaudoise grew its position in shares of iShares MSCI China ETF by 11.2% during the 4th quarter. Banque Cantonale Vaudoise now owns 1,777 shares of the company’s stock valued at $107,000 after acquiring an additional 179 shares during the period. Bank of Nova Scotia grew its position in shares of iShares MSCI China ETF by 1.5% during the 2nd quarter. Bank of Nova Scotia now owns 17,052 shares of the company’s stock valued at $939,000 after acquiring an additional 246 shares during the period. IHT Wealth Management LLC increased its stake in shares of iShares MSCI China ETF by 2.2% during the 2nd quarter. IHT Wealth Management LLC now owns 13,101 shares of the company’s stock worth $722,000 after purchasing an additional 277 shares during the last quarter. Finally, New England Private Wealth Advisors LLC increased its stake in shares of iShares MSCI China ETF by 1.2% during the 4th 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 during the last quarter.

iShares MSCI China ETF Trading Up 0.5%

NASDAQ:MCHI opened at $51.03 on Wednesday. The stock has a market capitalization of $5.98 billion, a PE ratio of 13.11 and a beta of 0.32. The firm’s 50 day moving average is $55.53 and its 200 day moving average is $58.27. iShares MSCI China ETF has a 12 month low of $49.88 and a 12 month 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 $0.3613 dividend. The ex-dividend date of this dividend was Monday, June 15th.

iShares MSCI China ETF Company 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.