Deutsche Bank AG Sells 15,088 Shares of iShares MSCI China ETF $MCHI

Deutsche Bank AG trimmed its holdings in iShares MSCI China ETF (NASDAQ:MCHI) by 50.4% in the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 14,862 shares of the company’s stock after selling 15,088 shares during the quarter. Deutsche Bank AG’s holdings in iShares MSCI China ETF were worth $808,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of MCHI. GAMMA Investing LLC grew its stake in shares of iShares MSCI China ETF by 6,784.5% during the 1st quarter. GAMMA Investing LLC now owns 8,528,995 shares of the company’s stock valued at $463,977,000 after purchasing an additional 8,405,108 shares during the period. Bank Julius Baer & Co. Ltd Zurich grew its stake in shares of iShares MSCI China ETF by 35,780.1% during the 1st quarter. Bank Julius Baer & Co. Ltd Zurich now owns 1,545,357 shares of the company’s stock valued at $84,067,000 after purchasing an additional 1,541,050 shares during the period. The Manufacturers Life Insurance Company grew its stake in shares of iShares MSCI China ETF by 4,779.2% during the 4th quarter. The Manufacturers Life Insurance Company now owns 955,930 shares of the company’s stock valued at $44,795,000 after purchasing an additional 936,338 shares during the period. Demars Financial Group LLC grew its stake in shares of iShares MSCI China ETF by 24.3% during the 1st quarter. Demars Financial Group LLC now owns 4,014,164 shares of the company’s stock valued at $218,371,000 after purchasing an additional 785,755 shares during the period. Finally, Phoenix Financial Ltd. grew its stake in shares of iShares MSCI China ETF by 1,583.5% during the 1st quarter. Phoenix Financial Ltd. now owns 500,000 shares of the company’s stock valued at $27,200,000 after purchasing an additional 470,300 shares during the period.

iShares MSCI China ETF Stock Down 0.0%

iShares MSCI China ETF stock opened at $61.54 on Tuesday. The business has a 50-day simple moving average of $57.11 and a two-hundred day simple moving average of $54.73. The company has a market cap of $7.53 billion, a P/E ratio of 13.11 and a beta of 0.49. iShares MSCI China ETF has a 52-week low of $40.25 and a 52-week high of $62.16.

iShares MSCI China ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, June 20th. Shareholders of record on Monday, June 16th were paid a dividend of $0.5356 per share. The ex-dividend date was Monday, June 16th.

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.