iShares MSCI China ETF $MCHI Shares Bought by Hsbc Holdings PLC

Hsbc Holdings PLC grew its holdings in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 210.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 72,233 shares of the company’s stock after purchasing an additional 48,949 shares during the period. Hsbc Holdings PLC owned about 0.06% of iShares MSCI China ETF worth $4,339,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. Financial Life Planners purchased a new position in iShares MSCI China ETF in the 3rd quarter valued at approximately $26,000. JPL Wealth Management LLC purchased a new position in iShares MSCI China ETF in the third quarter valued at $34,000. Advisory Services Network LLC acquired a new position in iShares MSCI China ETF during the 3rd quarter worth $39,000. Whittier Trust Co. acquired a new position in iShares MSCI China ETF during the 4th quarter worth $38,000. Finally, Aventura Private Wealth LLC purchased a new stake in iShares MSCI China ETF during the 4th quarter worth about $38,000.

iShares MSCI China ETF Price Performance

MCHI stock opened at $53.19 on Friday. The business’s 50-day moving average is $54.70 and its two-hundred day moving average is $57.84. The firm has a market capitalization of $6.12 billion, a P/E ratio of 13.11 and a beta of 0.33. iShares MSCI China ETF has a 1 year low of $49.88 and a 1 year high of $67.37.

iShares MSCI China ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were issued a $0.3613 dividend. The ex-dividend date of this dividend was Monday, June 15th.

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. 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.