iShares MSCI China ETF $MCHI Shares Bought by Northern Trust Corp

Northern Trust Corp raised its holdings in iShares MSCI China ETF (NASDAQ:MCHI) by 1.8% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 457,297 shares of the company’s stock after buying an additional 8,097 shares during the period. Northern Trust Corp owned about 0.43% of iShares MSCI China ETF worth $24,877,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. First Trust Advisors LP acquired a new stake in shares of iShares MSCI China ETF during the fourth quarter worth about $1,176,000. Comerica Bank increased its position in shares of iShares MSCI China ETF by 65.3% during the fourth quarter. Comerica Bank now owns 203,372 shares of the company’s stock worth $9,530,000 after purchasing an additional 80,344 shares in the last quarter. Ameriprise Financial Inc. increased its position in shares of iShares MSCI China ETF by 82.6% during the fourth quarter. Ameriprise Financial Inc. now owns 292,664 shares of the company’s stock worth $13,714,000 after purchasing an additional 132,392 shares in the last quarter. Castlekeep Investment Advisors LLC acquired a new stake in shares of iShares MSCI China ETF during the fourth quarter worth about $12,297,000. Finally, Cetera Investment Advisers increased its position in shares of iShares MSCI China ETF by 5.5% during the fourth quarter. Cetera Investment Advisers now owns 7,587 shares of the company’s stock worth $356,000 after purchasing an additional 394 shares in the last quarter.

iShares MSCI China ETF Stock Performance

MCHI opened at $61.31 on Monday. The stock has a market capitalization of $7.50 billion, a P/E ratio of 13.11 and a beta of 0.49. The business’s 50-day simple moving average is $57.67 and its 200-day simple moving average is $55.00. iShares MSCI China ETF has a one year low of $40.25 and a one year high of $62.16.

iShares MSCI China ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, June 20th. Stockholders of record on Monday, June 16th were given a dividend of $0.5356 per share. The ex-dividend date was Monday, June 16th.

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.