SG Americas Securities LLC Buys 81,512 Shares of iShares MSCI China ETF $MCHI

SG Americas Securities LLC grew its position in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 522.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 97,103 shares of the company’s stock after acquiring an additional 81,512 shares during the quarter. SG Americas Securities LLC owned 0.08% of iShares MSCI China ETF worth $5,455,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Millennium Management LLC boosted its holdings in iShares MSCI China ETF by 49.6% during the first quarter. Millennium Management LLC now owns 70,891 shares of the company’s stock worth $3,856,000 after purchasing an additional 23,513 shares during the last quarter. Jones Financial Companies Lllp increased its stake in iShares MSCI China ETF by 1,740.0% in the 1st quarter. Jones Financial Companies Lllp now owns 18,050 shares of the company’s stock valued at $906,000 after buying an additional 17,069 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in shares of iShares MSCI China ETF by 52.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 561,233 shares of the company’s stock worth $30,531,000 after buying an additional 192,712 shares in the last quarter. Empowered Funds LLC bought a new position in shares of iShares MSCI China ETF during the 1st quarter worth approximately $2,947,000. Finally, Woodline Partners LP purchased a new position in shares of iShares MSCI China ETF in the 1st quarter worth approximately $2,026,000.

iShares MSCI China ETF Price Performance

MCHI stock opened at $50.48 on Monday. The firm has a market cap of $5.92 billion, a PE ratio of 13.11 and a beta of 0.32. The business has a 50 day moving average of $55.86 and a 200-day moving average of $58.42. iShares MSCI China ETF has a 12-month low of $49.88 and a 12-month high of $67.37.

iShares MSCI China ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were paid a dividend of $0.3613 per share. The ex-dividend date was Monday, June 15th.

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. Securities are weighted based on the total market value of their shares so that securities with higher total market values generally have a higher representation in the index.