Arkadios Wealth Advisors Buys New Holdings in iShares MSCI China ETF (NASDAQ:MCHI)

Arkadios Wealth Advisors bought a new position in shares of iShares MSCI China ETF (NASDAQ:MCHI) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 6,111 shares of the company’s stock, valued at approximately $258,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. CWM LLC boosted its position in shares of iShares MSCI China ETF by 359.1% during the 4th quarter. CWM LLC now owns 2,176 shares of the company’s stock worth $89,000 after acquiring an additional 1,702 shares in the last quarter. Signature Resources Capital Management LLC purchased a new position in iShares MSCI China ETF in the fourth quarter valued at approximately $40,000. Gallacher Capital Management LLC raised its holdings in iShares MSCI China ETF by 3.5% during the fourth quarter. Gallacher Capital Management LLC now owns 35,028 shares of the company’s stock worth $1,427,000 after purchasing an additional 1,195 shares in the last quarter. Principal Securities Inc. purchased a new stake in shares of iShares MSCI China ETF during the 4th quarter worth approximately $4,436,000. Finally, Farley Capital L.P. boosted its holdings in shares of iShares MSCI China ETF by 102.5% in the 4th quarter. Farley Capital L.P. now owns 58,975 shares of the company’s stock valued at $2,403,000 after buying an additional 29,850 shares in the last quarter.

iShares MSCI China ETF Price Performance

NASDAQ MCHI opened at $41.83 on Friday. The firm’s fifty day moving average price is $42.10 and its 200 day moving average price is $41.87. iShares MSCI China ETF has a 12 month low of $35.58 and a 12 month high of $47.69. The company has a market capitalization of $4.70 billion, a price-to-earnings ratio of 10.76 and a beta of 0.49.

iShares MSCI China ETF Announces Dividend

The company also recently announced a Semi-Annual dividend, which was paid on Monday, June 17th. Stockholders of record on Tuesday, June 11th were given a dividend of $0.1905 per share. The ex-dividend date was Tuesday, June 11th.

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.