Union Bancaire Privee UBP SA Acquires Shares of 2,709 iShares MSCI China ETF (NASDAQ:MCHI)

Union Bancaire Privee UBP SA bought a new stake in iShares MSCI China ETF (NASDAQ:MCHI) during the fourth quarter, HoldingsChannel.com reports. The firm bought 2,709 shares of the company’s stock, valued at approximately $127,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Safe Harbor Fiduciary LLC bought a new position in iShares MSCI China ETF in the 3rd quarter valued at approximately $27,000. Avior Wealth Management LLC lifted its stake in shares of iShares MSCI China ETF by 114.2% in the 4th quarter. Avior Wealth Management LLC now owns 1,071 shares of the company’s stock valued at $50,000 after acquiring an additional 571 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in shares of iShares MSCI China ETF during the 4th quarter valued at $68,000. Blue Trust Inc. grew its holdings in shares of iShares MSCI China ETF by 137.6% during the third quarter. Blue Trust Inc. now owns 3,272 shares of the company’s stock worth $167,000 after purchasing an additional 1,895 shares during the last quarter. Finally, Creative Planning acquired a new position in shares of iShares MSCI China ETF in the third quarter valued at approximately $221,000.

iShares MSCI China ETF Price Performance

NASDAQ:MCHI opened at $48.25 on Thursday. iShares MSCI China ETF has a one year low of $35.90 and a one year high of $59.78. The company has a market cap of $5.17 billion, a PE ratio of 10.76 and a beta of 0.49. The firm’s 50 day simple moving average is $46.90 and its 200 day simple moving average is $46.06.

iShares MSCI China ETF Dividend Announcement

The business also recently declared 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.

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.