Yousif Capital Management LLC Acquires 79,500 Shares of iShares MSCI China ETF (NASDAQ:MCHI)

Yousif Capital Management LLC lifted its holdings in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 75.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 184,840 shares of the company’s stock after acquiring an additional 79,500 shares during the quarter. Yousif Capital Management LLC owned approximately 0.17% of iShares MSCI China ETF worth $8,662,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in MCHI. Cetera Investment Advisers boosted its position in iShares MSCI China ETF by 0.4% during the second quarter. Cetera Investment Advisers now owns 71,420 shares of the company’s stock worth $3,012,000 after purchasing an additional 307 shares during the period. Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in shares of iShares MSCI China ETF during the 2nd quarter worth about $422,000. Ignite Planners LLC bought a new stake in shares of iShares MSCI China ETF during the 3rd quarter worth about $235,000. Axiom Advisory LLC grew its stake in iShares MSCI China ETF by 1.6% in the 3rd quarter. Axiom Advisory LLC now owns 36,544 shares of the company’s stock valued at $1,860,000 after buying an additional 571 shares during the last quarter. Finally, Fiduciary Financial Group LLC raised its holdings in iShares MSCI China ETF by 5.2% in the 3rd quarter. Fiduciary Financial Group LLC now owns 8,526 shares of the company’s stock valued at $454,000 after acquiring an additional 418 shares during the period.

iShares MSCI China ETF Stock Down 1.7 %

Shares of NASDAQ:MCHI opened at $48.46 on Thursday. iShares MSCI China ETF has a 12-month low of $37.01 and a 12-month high of $59.78. The business has a 50 day moving average of $47.08 and a 200-day moving average of $46.28. The stock has a market cap of $5.19 billion, a PE ratio of 10.76 and a beta of 0.49.

iShares MSCI China ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid a $0.8911 dividend. 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.