Fiduciary Financial Group LLC Decreases Stock Holdings in iShares MSCI China ETF (NASDAQ:MCHI)

Fiduciary Financial Group LLC decreased its holdings in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 24.4% during the fourth quarter, Holdings Channel.com reports. The firm owned 6,449 shares of the company’s stock after selling 2,077 shares during the period. Fiduciary Financial Group LLC’s holdings in iShares MSCI China ETF were worth $282,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Meitav Investment House Ltd. increased its position in iShares MSCI China ETF by 1.7% during the third quarter. Meitav Investment House Ltd. now owns 2,910,106 shares of the company’s stock valued at $142,225,000 after acquiring an additional 48,240 shares during the last quarter. Elo Mutual Pension Insurance Co increased its position in iShares MSCI China ETF by 30.4% during the second quarter. Elo Mutual Pension Insurance Co now owns 1,082,669 shares of the company’s stock valued at $45,656,000 after acquiring an additional 252,156 shares during the last quarter. TT International Asset Management LTD bought a new position in iShares MSCI China ETF during the third quarter valued at $35,807,000. Angeles Investment Advisors LLC increased its position in iShares MSCI China ETF by 104.7% during the third quarter. Angeles Investment Advisors LLC now owns 604,000 shares of the company’s stock valued at $30,750,000 after acquiring an additional 309,000 shares during the last quarter. Finally, Penserra Capital Management LLC increased its position in iShares MSCI China ETF by 4.3% during the third quarter. Penserra Capital Management LLC now owns 356,253 shares of the company’s stock valued at $18,136,000 after acquiring an additional 14,546 shares during the last quarter.

iShares MSCI China ETF Stock Up 1.1 %

MCHI stock opened at $45.31 on Thursday. iShares MSCI China ETF has a twelve month low of $35.58 and a twelve month high of $59.78. The stock has a market capitalization of $5.25 billion, a price-to-earnings ratio of 10.76 and a beta of 0.49. The firm’s fifty day simple moving average is $47.33 and its two-hundred day simple moving average is $45.81.

iShares MSCI China ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a $0.8911 dividend. The ex-dividend date was Tuesday, December 17th.

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.