iShares MSCI China ETF $MCHI Shares Sold by Jordan Park Group LLC

Jordan Park Group LLC lowered its position in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 5.5% during the third quarter, HoldingsChannel reports. The firm owned 564,221 shares of the company’s stock after selling 32,724 shares during the period. iShares MSCI China ETF accounts for approximately 2.0% of Jordan Park Group LLC’s holdings, making the stock its 12th largest holding. Jordan Park Group LLC’s holdings in iShares MSCI China ETF were worth $37,154,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Avalon Capital Management purchased a new stake in iShares MSCI China ETF during the 3rd quarter worth $967,000. GAMMA Investing LLC grew its stake in shares of iShares MSCI China ETF by 10.4% during the third quarter. GAMMA Investing LLC now owns 178,521 shares of the company’s stock valued at $11,756,000 after acquiring an additional 16,772 shares in the last quarter. Monument Capital Management purchased a new stake in shares of iShares MSCI China ETF during the third quarter worth about $1,739,000. TBH Global Asset Management LLC purchased a new stake in shares of iShares MSCI China ETF during the third quarter worth about $1,269,000. Finally, JGP Wealth Management LLC lifted its stake in shares of iShares MSCI China ETF by 29.5% in the second quarter. JGP Wealth Management LLC now owns 6,034 shares of the company’s stock worth $332,000 after acquiring an additional 1,375 shares in the last quarter.

iShares MSCI China ETF Stock Up 0.5%

Shares of NASDAQ MCHI opened at $64.23 on Friday. iShares MSCI China ETF has a fifty-two week low of $44.71 and a fifty-two week high of $67.37. The business has a 50 day moving average price of $61.90 and a two-hundred day moving average price of $61.97. The firm has a market cap of $8.23 billion, a PE ratio of 13.11 and a beta of 0.26.

iShares MSCI China ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were given a dividend of $0.735 per share. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a dividend yield of 246.0%.

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.