iShares MSCI China ETF (NASDAQ:MCHI) Shares Sold by Sanctuary Advisors LLC

Sanctuary Advisors LLC lessened its stake in iShares MSCI China ETF (NASDAQ:MCHI) by 91.0% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 7,330 shares of the company’s stock after selling 74,123 shares during the quarter. Sanctuary Advisors LLC’s holdings in iShares MSCI China ETF were worth $341,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Toronto Dominion Bank bought a new stake in iShares MSCI China ETF during the third quarter worth approximately $621,000. TT International Asset Management LTD acquired a new position in shares of iShares MSCI China ETF during the 3rd quarter valued at $35,807,000. Stifel Financial Corp increased its position in shares of iShares MSCI China ETF by 30.5% during the 3rd quarter. Stifel Financial Corp now owns 67,750 shares of the company’s stock valued at $3,449,000 after purchasing an additional 15,824 shares during the period. Safe Harbor Fiduciary LLC bought a new stake in shares of iShares MSCI China ETF in the 3rd quarter worth $27,000. Finally, RBF Capital LLC acquired a new stake in shares of iShares MSCI China ETF in the third quarter valued at $2,546,000.

iShares MSCI China ETF Price Performance

Shares of MCHI opened at $47.47 on Friday. The firm’s 50 day moving average is $48.40 and its 200-day moving average is $45.58. iShares MSCI China ETF has a 12-month low of $35.58 and a 12-month high of $59.78. The stock has a market capitalization of $5.97 billion, a P/E ratio of 10.76 and a beta of 0.49.

iShares MSCI China ETF Announces Dividend

The business also recently declared 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 of this dividend was Tuesday, December 17th.

iShares MSCI China ETF 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.