Union Bancaire Privee UBP SA Makes New Investment in iShares MSCI China ETF (NASDAQ:MCHI)

Union Bancaire Privee UBP SA acquired a new stake in iShares MSCI China ETF (NASDAQ:MCHI) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 2,709 shares of the company’s stock, valued at approximately $127,000.

Other large investors have also modified their holdings of the company. Alberta Investment Management Corp increased its stake in iShares MSCI China ETF by 66.6% in the fourth quarter. Alberta Investment Management Corp now owns 2,979,356 shares of the company’s stock valued at $139,613,000 after purchasing an additional 1,191,466 shares during the period. TT International Asset Management LTD acquired a new position in iShares MSCI China ETF in the 3rd quarter valued at about $35,807,000. Angeles Investment Advisors LLC raised its stake 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 valued at $30,750,000 after acquiring an additional 309,000 shares during the last quarter. Flow Traders U.S. LLC acquired a new stake in iShares MSCI China ETF during the 3rd quarter worth approximately $14,982,000. Finally, Galvin Gaustad & Stein LLC purchased a new position in shares of iShares MSCI China ETF in the 4th quarter valued at approximately $11,211,000.

iShares MSCI China ETF Stock Up 0.9 %

Shares of NASDAQ:MCHI opened at $54.06 on Wednesday. iShares MSCI China ETF has a fifty-two week low of $38.40 and a fifty-two week high of $59.78. The firm’s 50-day simple moving average is $48.38 and its 200-day simple moving average is $47.45. The company has a market cap of $5.80 billion, a price-to-earnings ratio of 13.24 and a beta of 0.49.

iShares MSCI China ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid a $0.8911 dividend. The ex-dividend date was Tuesday, December 17th.

iShares MSCI China ETF Company 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.