Wealthfront Advisers LLC Boosts Position in iShares MSCI China ETF $MCHI

Wealthfront Advisers LLC grew its stake in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 17.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 94,394 shares of the company’s stock after buying an additional 13,915 shares during the period. Wealthfront Advisers LLC’s holdings in iShares MSCI China ETF were worth $6,216,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Millennium Management LLC grew its stake in iShares MSCI China ETF by 49.6% during the first quarter. Millennium Management LLC now owns 70,891 shares of the company’s stock valued at $3,856,000 after acquiring an additional 23,513 shares in the last quarter. Jones Financial Companies Lllp boosted its holdings in iShares MSCI China ETF by 1,740.0% in the 1st quarter. Jones Financial Companies Lllp now owns 18,050 shares of the company’s stock valued at $906,000 after purchasing an additional 17,069 shares during the period. Goldman Sachs Group Inc. grew its position in shares of iShares MSCI China ETF by 52.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 561,233 shares of the company’s stock valued at $30,531,000 after purchasing an additional 192,712 shares in the last quarter. Empowered Funds LLC bought a new position in shares of iShares MSCI China ETF in the first quarter worth $2,947,000. Finally, Woodline Partners LP bought a new position in shares of iShares MSCI China ETF in the first quarter worth $2,026,000.

iShares MSCI China ETF Stock Performance

NASDAQ:MCHI opened at $60.58 on Friday. The firm has a market capitalization of $7.67 billion, a price-to-earnings ratio of 13.11 and a beta of 0.26. iShares MSCI China ETF has a 52-week low of $44.71 and a 52-week high of $67.37. The stock has a fifty day moving average of $61.78 and a 200 day moving average of $62.22.

iShares MSCI China ETF Dividend Announcement

The firm 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. This represents a dividend yield of 246.0%. The ex-dividend date was Tuesday, December 16th.

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.