D.A. Davidson & CO. Grows Stock Holdings in iShares MSCI China ETF (NASDAQ:MCHI)

Posted by Jessica Moore on Feb 21st, 2025

D.A. Davidson & CO. raised its position in shares of iShares MSCI China ETF (NASDAQ:MCHI – Free Report) by 4.7% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 69,603 shares of the company’s stock after buying an additional 3,128 shares during the period. D.A. Davidson & CO.’s holdings in iShares MSCI China ETF were worth $3,262,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of MCHI. Nations Financial Group Inc. IA ADV acquired a new position in shares of iShares MSCI China ETF during the third quarter valued at about $448,000. Private Advisor Group LLC increased its holdings 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 valued at $704,000 after acquiring an additional 1,665 shares in the last quarter. Blue Trust Inc. increased its holdings in shares of iShares MSCI China ETF by 137.6% during the third quarter. Blue Trust Inc. now owns 3,272 shares of the company’s stock valued at $167,000 after acquiring an additional 1,895 shares in the last quarter. Nisa Investment Advisors LLC acquired a new position in shares of iShares MSCI China ETF during the fourth quarter valued at about $656,000. Finally, Toronto Dominion Bank acquired a new position in shares of iShares MSCI China ETF during the third quarter valued at about $621,000.

iShares MSCI China ETF Stock Up 1.9 %

MCHI opened at $54.73 on Friday. iShares MSCI China ETF has a 52-week low of $38.40 and a 52-week high of $59.78. The company has a market cap of $5.87 billion, a P/E ratio of 13.24 and a beta of 0.49. The firm’s 50-day moving average price is $47.85 and its 200-day moving average price is $47.03.

iShares MSCI China ETF Dividend Announcement

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

About iShares MSCI China ETF

(Free Report)

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.