Harel Insurance Investments & Financial Services Ltd. Takes $68,000 Position in iShares MSCI China ETF (NASDAQ:MCHI)

Harel Insurance Investments & Financial Services Ltd. bought a new position in iShares MSCI China ETF (NASDAQ:MCHI) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 1,460 shares of the company’s stock, valued at approximately $68,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Safe Harbor Fiduciary LLC bought a new stake in iShares MSCI China ETF in the 3rd quarter valued at $27,000. Avior Wealth Management LLC increased its holdings in shares of iShares MSCI China ETF by 114.2% in the fourth quarter. Avior Wealth Management LLC now owns 1,071 shares of the company’s stock worth $50,000 after purchasing an additional 571 shares during the last quarter. Blue Trust Inc. increased its holdings in shares of iShares MSCI China ETF by 137.6% in the third quarter. Blue Trust Inc. now owns 3,272 shares of the company’s stock worth $167,000 after purchasing an additional 1,895 shares during the last quarter. Creative Planning purchased a new stake in shares of iShares MSCI China ETF in the third quarter worth about $221,000. Finally, Tidal Investments LLC bought a new position in iShares MSCI China ETF during the third quarter valued at approximately $223,000.

iShares MSCI China ETF Price Performance

NASDAQ:MCHI opened at $47.39 on Friday. The company has a market cap of $5.08 billion, a price-to-earnings ratio of 10.76 and a beta of 0.49. iShares MSCI China ETF has a 1 year low of $35.90 and a 1 year high of $59.78. The stock’s 50 day simple moving average is $46.89 and its two-hundred day simple moving average is $45.96.

iShares MSCI China ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were given a $0.8911 dividend. The ex-dividend date of this dividend 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.