iShares MSCI China ETF (NASDAQ:MCHI) Shares Sold by TBH Global Asset Management LLC

TBH Global Asset Management LLC lessened its stake in iShares MSCI China ETF (NASDAQ:MCHI) by 12.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 42,936 shares of the company’s stock after selling 6,089 shares during the period. TBH Global Asset Management LLC’s holdings in iShares MSCI China ETF were worth $2,012,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Alberta Investment Management Corp boosted its stake in shares of iShares MSCI China ETF by 66.6% during the 4th quarter. Alberta Investment Management Corp now owns 2,979,356 shares of the company’s stock worth $139,613,000 after acquiring an additional 1,191,466 shares in the last quarter. TT International Asset Management LTD acquired a new position in iShares MSCI China ETF in the 3rd quarter worth about $35,807,000. Angeles Investment Advisors LLC boosted 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 worth $30,750,000 after purchasing an additional 309,000 shares in the last quarter. Flow Traders U.S. LLC acquired a new stake in iShares MSCI China ETF in the third quarter valued at approximately $14,982,000. Finally, Galvin Gaustad & Stein LLC purchased a new stake in shares of iShares MSCI China ETF in the fourth quarter valued at approximately $11,211,000.

iShares MSCI China ETF Price Performance

Shares of MCHI stock opened at $53.73 on Thursday. iShares MSCI China ETF has a 1-year low of $38.28 and a 1-year high of $59.78. The company has a market cap of $5.76 billion, a price-to-earnings ratio of 13.24 and a beta of 0.32. The stock has a 50 day simple moving average of $47.75 and a 200-day simple moving average of $46.98.

iShares MSCI China ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were issued a dividend of $0.8911 per share. 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.