iShares MSCI China ETF (NASDAQ:MCHI) Shares Sold by Meitav Investment House Ltd.

Meitav Investment House Ltd. cut its position in iShares MSCI China ETF (NASDAQ:MCHI) by 25.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,181,261 shares of the company’s stock after selling 728,845 shares during the quarter. iShares MSCI China ETF accounts for 1.7% of Meitav Investment House Ltd.’s portfolio, making the stock its 17th largest position. Meitav Investment House Ltd.’s holdings in iShares MSCI China ETF were worth $102,162,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the company. Creative Planning acquired a new stake in iShares MSCI China ETF during the 3rd quarter valued at approximately $221,000. Blue Trust Inc. boosted its stake in shares of iShares MSCI China ETF by 137.6% during the 3rd quarter. Blue Trust Inc. now owns 3,272 shares of the company’s stock valued at $167,000 after buying an additional 1,895 shares during the last quarter. Private Advisor Group LLC grew its position in shares of iShares MSCI China ETF by 13.7% during the third quarter. Private Advisor Group LLC now owns 13,834 shares of the company’s stock worth $704,000 after buying an additional 1,665 shares in the last quarter. Osborne Partners Capital Management LLC bought a new stake in shares of iShares MSCI China ETF in the third quarter worth $238,000. Finally, Integrated Advisors Network LLC acquired a new stake in iShares MSCI China ETF in the third quarter valued at $256,000.

iShares MSCI China ETF Price Performance

NASDAQ MCHI opened at $53.73 on Thursday. The company has a market capitalization of $5.76 billion, a price-to-earnings ratio of 13.24 and a beta of 0.32. iShares MSCI China ETF has a 12 month low of $38.28 and a 12 month high of $59.78. The company’s fifty day moving average price is $47.75 and its two-hundred day moving average price is $46.98.

iShares MSCI China ETF Announces Dividend

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

iShares MSCI China ETF Profile

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.