iShares MSCI China ETF (NASDAQ:MCHI) Stock Position Reduced by BNP Paribas Financial Markets

BNP Paribas Financial Markets decreased its stake in iShares MSCI China ETF (NASDAQ:MCHIFree Report) by 17.9% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 201,460 shares of the company’s stock after selling 43,849 shares during the quarter. BNP Paribas Financial Markets’ holdings in iShares MSCI China ETF were worth $8,004,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of MCHI. Bridgewater Associates LP boosted its position in iShares MSCI China ETF by 1.6% during the fourth quarter. Bridgewater Associates LP now owns 1,972,950 shares of the company’s stock valued at $80,378,000 after purchasing an additional 31,095 shares during the last quarter. Morningstar Investment Services LLC lifted its holdings in shares of iShares MSCI China ETF by 98.6% during the 4th quarter. Morningstar Investment Services LLC now owns 1,645,445 shares of the company’s stock valued at $66,575,000 after buying an additional 817,094 shares during the last quarter. 3EDGE Asset Management LP increased its holdings in iShares MSCI China ETF by 3,234.0% in the fourth quarter. 3EDGE Asset Management LP now owns 1,281,750 shares of the company’s stock worth $52,218,000 after buying an additional 1,243,305 shares during the last quarter. DRW Securities LLC raised its position in iShares MSCI China ETF by 81.9% during the fourth quarter. DRW Securities LLC now owns 865,990 shares of the company’s stock valued at $35,280,000 after acquiring an additional 389,828 shares in the last quarter. Finally, Elo Mutual Pension Insurance Co acquired a new stake in iShares MSCI China ETF in the fourth quarter valued at approximately $33,835,000.

iShares MSCI China ETF Trading Up 1.3 %

iShares MSCI China ETF stock opened at $42.87 on Wednesday. iShares MSCI China ETF has a 1-year low of $35.58 and a 1-year high of $49.94. The firm’s fifty day simple moving average is $44.16 and its 200-day simple moving average is $40.96. The company has a market capitalization of $5.52 billion, a P/E ratio of 10.76 and a beta of 0.49.

iShares MSCI China ETF Dividend Announcement

The business also recently declared a Semi-Annual dividend, which was paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th were given a $0.1905 dividend. The ex-dividend date was Tuesday, June 11th.

iShares MSCI China ETF Company 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.

See Also

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Institutional Ownership by Quarter for iShares MSCI China ETF (NASDAQ:MCHI)

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