Avior Wealth Management LLC Increases Stock Position in iShares MSCI China ETF (NASDAQ:MCHI)

Avior Wealth Management LLC grew its position in iShares MSCI China ETF (NASDAQ:MCHI) by 114.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,071 shares of the company’s stock after purchasing an additional 571 shares during the period. Avior Wealth Management LLC’s holdings in iShares MSCI China ETF were worth $50,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in MCHI. TT International Asset Management LTD purchased a new stake in shares of iShares MSCI China ETF in the third quarter valued at about $35,807,000. Angeles Investment Advisors LLC raised its holdings in shares of iShares MSCI China ETF by 104.7% in the third quarter. Angeles Investment Advisors LLC now owns 604,000 shares of the company’s stock valued at $30,750,000 after purchasing an additional 309,000 shares during the last quarter. Flow Traders U.S. LLC purchased a new stake in iShares MSCI China ETF during the third quarter worth about $14,982,000. Erste Asset Management GmbH purchased a new stake in iShares MSCI China ETF during the third quarter worth about $10,260,000. Finally, The Manufacturers Life Insurance Company increased its holdings in iShares MSCI China ETF by 69.7% during the second quarter. The Manufacturers Life Insurance Company now owns 308,775 shares of the company’s stock worth $13,021,000 after buying an additional 126,823 shares during the last quarter.

iShares MSCI China ETF Stock Performance

NASDAQ MCHI opened at $48.25 on Thursday. iShares MSCI China ETF has a 52-week low of $35.90 and a 52-week high of $59.78. The company has a 50-day simple moving average of $46.90 and a 200 day simple moving average of $46.06. The company has a market capitalization of $5.17 billion, a PE ratio of 10.76 and a beta of 0.49.

iShares MSCI China ETF Announces Dividend

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