iShares MSCI China ETF Target of Unusually Large Options Trading (NASDAQ:MCHI)

iShares MSCI China ETF (NASDAQ:MCHI) was the recipient of unusually large options trading activity on Monday. Stock traders acquired 55,526 call options on the company. This is an increase of 4,792% compared to the average volume of 1,135 call options.

iShares MSCI China ETF Trading Down 1.9%

Shares of NASDAQ:MCHI opened at $59.70 on Wednesday. The stock has a fifty day simple moving average of $63.01 and a two-hundred day simple moving average of $60.46. iShares MSCI China ETF has a 12-month low of $43.70 and a 12-month high of $67.37. The stock has a market capitalization of $7.65 billion, a price-to-earnings ratio of 13.11 and a beta of 0.26.

iShares MSCI China ETF Announces Dividend

The company also recently declared a dividend, which will be paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th will be issued a dividend of $0.735 per share. The ex-dividend date is Tuesday, December 16th. This represents a dividend yield of 246.0%.

Institutional Trading of iShares MSCI China ETF

Several institutional investors have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. raised its stake in iShares MSCI China ETF by 522.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,102,717 shares of the company’s stock valued at $204,314,000 after buying an additional 2,604,585 shares during the last quarter. Meitav Investment House Ltd. grew its holdings in shares of iShares MSCI China ETF by 0.4% in the second quarter. Meitav Investment House Ltd. now owns 2,601,233 shares of the company’s stock worth $143,385,000 after acquiring an additional 9,972 shares during the period. Bank of America Corp DE grew its holdings in shares of iShares MSCI China ETF by 855.9% in the third quarter. Bank of America Corp DE now owns 1,479,714 shares of the company’s stock worth $97,439,000 after acquiring an additional 1,324,910 shares during the period. Banco Bilbao Vizcaya Argentaria S.A. increased its position in iShares MSCI China ETF by 1,181.9% during the first quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 1,236,161 shares of the company’s stock valued at $67,394,000 after acquiring an additional 1,139,727 shares during the last quarter. Finally, Nipun Capital L.P. increased its position in iShares MSCI China ETF by 4.1% during the second quarter. Nipun Capital L.P. now owns 747,200 shares of the company’s stock valued at $41,171,000 after acquiring an additional 29,300 shares during the last quarter.

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.