Union Bancaire Privee UBP SA Invests $127,000 in iShares MSCI China ETF (NASDAQ:MCHI)

Union Bancaire Privee UBP SA purchased a new stake in iShares MSCI China ETF (NASDAQ:MCHI) in the fourth quarter, Holdings Channel.com reports. The firm purchased 2,709 shares of the company’s stock, valued at approximately $127,000.

A number of other hedge funds have also recently bought and sold shares of the business. Safe Harbor Fiduciary LLC bought a new position in iShares MSCI China ETF during the 3rd quarter valued at $27,000. Avior Wealth Management LLC lifted its position in shares of iShares MSCI China ETF by 114.2% during 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. Harel Insurance Investments & Financial Services Ltd. bought a new stake in iShares MSCI China ETF in the fourth quarter valued at about $68,000. Global Retirement Partners LLC increased its holdings in iShares MSCI China ETF by 13.7% in the fourth quarter. Global Retirement Partners LLC now owns 2,570 shares of the company’s stock valued at $120,000 after buying an additional 309 shares during the last quarter. Finally, Tradewinds Capital Management LLC acquired a new stake in iShares MSCI China ETF during the fourth quarter valued at approximately $124,000.

iShares MSCI China ETF Stock Performance

NASDAQ MCHI opened at $54.06 on Wednesday. The company has a 50-day simple moving average of $48.38 and a 200-day simple moving average of $47.45. iShares MSCI China ETF has a one year low of $38.40 and a one year high of $59.78. The firm has a market capitalization of $5.80 billion, a PE ratio of 13.24 and a beta of 0.49.

iShares MSCI China ETF Dividend Announcement

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

iShares MSCI China ETF Company 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.