GAMMA Investing LLC Sells 25,212 Shares of iShares MSCI China ETF $MCHI

GAMMA Investing LLC decreased its position in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 14.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 147,894 shares of the company’s stock after selling 25,212 shares during the period. GAMMA Investing LLC’s holdings in iShares MSCI China ETF were worth $7,546,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of MCHI. Optiver Holding B.V. increased its stake in shares of iShares MSCI China ETF by 25,640.0% in the first quarter. Optiver Holding B.V. now owns 25,740 shares of the company’s stock worth $1,446,000 after purchasing an additional 25,640 shares during the period. Glenmede Trust Co. NA grew its holdings in iShares MSCI China ETF by 69.5% in the 1st quarter. Glenmede Trust Co. NA now owns 9,533 shares of the company’s stock valued at $536,000 after buying an additional 3,908 shares during the last quarter. Amundi grew its holdings in iShares MSCI China ETF by 13.2% in the 1st quarter. Amundi now owns 572,401 shares of the company’s stock valued at $32,157,000 after buying an additional 66,701 shares during the last quarter. Empowered Funds LLC bought a new position in iShares MSCI China ETF in the 1st quarter worth approximately $1,470,000. Finally, Quantinno Capital Management LP increased its position in iShares MSCI China ETF by 129.5% in the 1st quarter. Quantinno Capital Management LP now owns 24,075 shares of the company’s stock worth $1,353,000 after buying an additional 13,583 shares during the period.

iShares MSCI China ETF Stock Up 0.3%

Shares of MCHI stock opened at $56.09 on Wednesday. iShares MSCI China ETF has a 12 month low of $49.88 and a 12 month high of $67.37. The firm has a market cap of $6.33 billion, a PE ratio of 13.11 and a beta of 0.33. The stock has a 50 day moving average of $53.59 and a 200-day moving average of $56.89.

iShares MSCI China ETF Announces Dividend

The business also recently announced a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were paid a dividend of $0.3613 per share. The ex-dividend date was Monday, June 15th.

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. 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.