iShares MSCI China ETF (NASDAQ:MCHI) Stock Position Reduced by Richard W. Paul & Associates LLC

Richard W. Paul & Associates LLC decreased its stake in iShares MSCI China ETF (NASDAQ:MCHI) by 4.1% in the fourth quarter, Holdings Channel reports. The institutional investor owned 67,979 shares of the company’s stock after selling 2,921 shares during the quarter. iShares MSCI China ETF makes up approximately 1.2% of Richard W. Paul & Associates LLC’s holdings, making the stock its 14th largest position. Richard W. Paul & Associates LLC’s holdings in iShares MSCI China ETF were worth $3,186,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Alberta Investment Management Corp lifted its holdings 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 valued at $139,613,000 after buying an additional 1,191,466 shares during the last quarter. TT International Asset Management LTD acquired a new stake in iShares MSCI China ETF in the third quarter valued at approximately $35,807,000. Angeles Investment Advisors LLC lifted its stake in iShares MSCI China ETF by 104.7% in the third quarter. Angeles Investment Advisors LLC now owns 604,000 shares of the company’s stock valued at $30,750,000 after acquiring an additional 309,000 shares during the last quarter. Penserra Capital Management LLC grew its position in iShares MSCI China ETF by 4.3% in the third quarter. Penserra Capital Management LLC now owns 356,253 shares of the company’s stock worth $18,136,000 after acquiring an additional 14,546 shares in the last quarter. Finally, Flow Traders U.S. LLC acquired a new position in shares of iShares MSCI China ETF during the 3rd quarter worth $14,982,000.

iShares MSCI China ETF Trading Down 2.4 %

MCHI stock opened at $53.58 on Friday. The firm has a market cap of $5.74 billion, a PE ratio of 13.24 and a beta of 0.49. iShares MSCI China ETF has a 1 year low of $38.40 and a 1 year high of $59.78. The company has a fifty day simple moving average of $48.85 and a 200 day simple moving average of $47.64.

iShares MSCI China ETF Announces Dividend

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