D.A. Davidson & CO. Grows Position in iShares MSCI China ETF (NASDAQ:MCHI)

Posted by Micah Haroldson on Feb 21st, 2025

D.A. Davidson & CO. increased its holdings in iShares MSCI China ETF (NASDAQ:MCHI – Free Report) by 4.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 69,603 shares of the company’s stock after acquiring an additional 3,128 shares during the quarter. D.A. Davidson & CO. owned approximately 0.06% of iShares MSCI China ETF worth $3,262,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Safe Harbor Fiduciary LLC purchased a new stake in iShares MSCI China ETF in the third quarter worth about $27,000. Avior Wealth Management LLC lifted its stake in iShares MSCI China ETF by 114.2% in the fourth quarter. Avior Wealth Management LLC now owns 1,071 shares of the company’s stock worth $50,000 after acquiring an additional 571 shares during the period. Harel Insurance Investments & Financial Services Ltd. purchased a new stake in iShares MSCI China ETF in the fourth quarter worth about $68,000. Union Bancaire Privee UBP SA purchased a new stake in iShares MSCI China ETF in the fourth quarter worth about $127,000. Finally, Blue Trust Inc. lifted its stake in iShares MSCI China ETF by 137.6% in the third quarter. Blue Trust Inc. now owns 3,272 shares of the company’s stock worth $167,000 after acquiring an additional 1,895 shares during the period.

iShares MSCI China ETF Price Performance

NASDAQ:MCHI opened at $54.73 on Friday. The firm has a market cap of $5.87 billion, a PE ratio of 13.24 and a beta of 0.49. The company has a 50-day moving average of $47.85 and a 200 day moving average of $47.03. iShares MSCI China ETF has a 1-year low of $38.40 and a 1-year high of $59.78.

iShares MSCI China ETF Dividend Announcement

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

iShares MSCI China ETF Profile

(Free Report)

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.