Meitav Investment House Ltd. Lowers Stock Position in iShares MSCI China ETF (NASDAQ:MCHI)

Meitav Investment House Ltd. reduced its position in iShares MSCI China ETF (NASDAQ:MCHI) by 25.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,181,261 shares of the company’s stock after selling 728,845 shares during the quarter. iShares MSCI China ETF comprises about 1.7% of Meitav Investment House Ltd.’s investment portfolio, making the stock its 17th biggest position. Meitav Investment House Ltd. owned 2.03% of iShares MSCI China ETF worth $102,162,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Alberta Investment Management Corp increased its stake in iShares MSCI China ETF by 66.6% during the fourth quarter. Alberta Investment Management Corp now owns 2,979,356 shares of the company’s stock worth $139,613,000 after acquiring an additional 1,191,466 shares during the last quarter. TT International Asset Management LTD acquired a new stake in iShares MSCI China ETF during the 3rd quarter worth approximately $35,807,000. Angeles Investment Advisors LLC increased its position in iShares MSCI China ETF by 104.7% during the 3rd quarter. Angeles Investment Advisors LLC now owns 604,000 shares of the company’s stock worth $30,750,000 after purchasing an additional 309,000 shares in the last quarter. Penserra Capital Management LLC raised its holdings 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 valued at $18,136,000 after buying an additional 14,546 shares during the period. Finally, Flow Traders U.S. LLC acquired a new position in iShares MSCI China ETF during the third quarter valued at approximately $14,982,000.

iShares MSCI China ETF Trading Down 0.5 %

Shares of MCHI stock opened at $53.73 on Thursday. The company has a market cap of $5.76 billion, a PE ratio of 13.24 and a beta of 0.32. The company’s fifty day simple moving average is $47.75 and its 200-day simple moving average is $46.98. iShares MSCI China ETF has a 52 week low of $38.28 and a 52 week high of $59.78.

iShares MSCI China ETF Announces Dividend

The business also recently disclosed 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.