Quantinno Capital Management LP Acquires 13,583 Shares of iShares MSCI China ETF $MCHI

Quantinno Capital Management LP raised its holdings in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 129.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 24,075 shares of the company’s stock after buying an additional 13,583 shares during the period. Quantinno Capital Management LP’s holdings in iShares MSCI China ETF were worth $1,353,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Morgan Stanley increased its holdings in shares of iShares MSCI China ETF by 16.5% in the fourth quarter. Morgan Stanley now owns 3,366,959 shares of the company’s stock worth $202,253,000 after buying an additional 476,032 shares during the period. Bank Julius Baer & Co. Ltd Zurich boosted its holdings in iShares MSCI China ETF by 21.8% during the 4th quarter. Bank Julius Baer & Co. Ltd Zurich now owns 2,269,856 shares of the company’s stock valued at $136,350,000 after acquiring an additional 406,236 shares during the period. Bank of America Corp DE grew its position in iShares MSCI China ETF by 855.9% during the 3rd quarter. Bank of America Corp DE now owns 1,479,714 shares of the company’s stock worth $97,439,000 after acquiring an additional 1,324,910 shares during the last quarter. LPL Financial LLC grew its position in iShares MSCI China ETF by 3.9% during the 4th quarter. LPL Financial LLC now owns 1,418,246 shares of the company’s stock worth $85,194,000 after acquiring an additional 53,506 shares during the last quarter. Finally, OLD Mission Capital LLC increased its stake in iShares MSCI China ETF by 124.5% in the 4th quarter. OLD Mission Capital LLC now owns 1,336,823 shares of the company’s stock worth $80,303,000 after purchasing an additional 741,450 shares during the period.

iShares MSCI China ETF Stock Performance

Shares of MCHI stock opened at $54.42 on Friday. iShares MSCI China ETF has a fifty-two week low of $49.88 and a fifty-two week high of $67.37. The stock has a 50 day moving average price of $53.64 and a two-hundred day moving average price of $56.56. The company has a market capitalization of $6.14 billion, a P/E ratio of 13.11 and a beta of 0.34.

iShares MSCI China ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were paid a $0.3613 dividend. 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.