iShares MSCI China ETF $MCHI Shares Sold by Jordan Park Group LLC

Jordan Park Group LLC reduced its stake in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 5.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 564,221 shares of the company’s stock after selling 32,724 shares during the period. iShares MSCI China ETF accounts for about 2.0% of Jordan Park Group LLC’s investment portfolio, making the stock its 12th largest position. Jordan Park Group LLC owned 0.44% of iShares MSCI China ETF worth $37,154,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. Avalon Capital Management purchased a new stake in iShares MSCI China ETF during the third quarter valued at about $967,000. GAMMA Investing LLC raised its holdings in shares of iShares MSCI China ETF by 10.4% in the 3rd quarter. GAMMA Investing LLC now owns 178,521 shares of the company’s stock worth $11,756,000 after purchasing an additional 16,772 shares during the period. Monument Capital Management acquired a new position in shares of iShares MSCI China ETF in the 3rd quarter valued at about $1,739,000. TBH Global Asset Management LLC purchased a new stake in shares of iShares MSCI China ETF during the 3rd quarter worth about $1,269,000. Finally, JGP Wealth Management LLC increased its position in iShares MSCI China ETF by 29.5% during the 2nd quarter. JGP Wealth Management LLC now owns 6,034 shares of the company’s stock worth $332,000 after purchasing an additional 1,375 shares in the last quarter.

iShares MSCI China ETF Trading Up 0.5%

Shares of MCHI stock opened at $64.23 on Friday. The company has a market cap of $8.23 billion, a PE ratio of 13.11 and a beta of 0.26. The company’s fifty day simple moving average is $61.90 and its 200-day simple moving average is $61.97. iShares MSCI China ETF has a 52 week low of $44.71 and a 52 week high of $67.37.

iShares MSCI China ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were given a $0.735 dividend. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a yield of 246.0%.

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. Securities are weighted based on the total market value of their shares so that securities with higher total market values generally have a higher representation in the index.