Measured Wealth Private Client Group LLC Has $1.68 Million Stake in iShares MSCI China ETF $MCHI

Measured Wealth Private Client Group LLC reduced its stake in iShares MSCI China ETF (NASDAQ:MCHI) by 34.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 29,811 shares of the company’s stock after selling 15,590 shares during the period. Measured Wealth Private Client Group LLC’s holdings in iShares MSCI China ETF were worth $1,675,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. JPL Wealth Management LLC acquired a new position in iShares MSCI China ETF during the third quarter worth $34,000. Advisory Services Network LLC acquired a new position in shares of iShares MSCI China ETF during the third quarter valued at about $39,000. Whittier Trust Co. acquired a new position in shares of iShares MSCI China ETF during the fourth quarter valued at about $38,000. Zions Bancorporation National Association UT bought a new stake in shares of iShares MSCI China ETF during the fourth quarter worth about $39,000. Finally, Hurley Capital LLC bought a new stake in shares of iShares MSCI China ETF during the fourth quarter worth about $49,000.

iShares MSCI China ETF Stock Down 0.8%

Shares of iShares MSCI China ETF stock opened at $53.57 on Thursday. iShares MSCI China ETF has a 52 week low of $49.88 and a 52 week high of $67.37. The business has a 50 day moving average price of $53.87 and a 200-day moving average price of $57.40. The company has a market cap of $6.06 billion, a PE ratio of 13.11 and a beta of 0.33.

iShares MSCI China ETF Announces Dividend

The business also recently declared a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were given a dividend of $0.3613 per share. The ex-dividend date 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.