Analyst IMS Investment Management Services Ltd. Sells 8,651 Shares of iShares MSCI China ETF $MCHI

Analyst IMS Investment Management Services Ltd. trimmed its stake in iShares MSCI China ETF (NASDAQ:MCHI) by 1.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 484,779 shares of the company’s stock after selling 8,651 shares during the period. iShares MSCI China ETF comprises 1.0% of Analyst IMS Investment Management Services Ltd.’s holdings, making the stock its 14th biggest holding. Analyst IMS Investment Management Services Ltd. owned about 0.38% of iShares MSCI China ETF worth $31,923,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. Invesco Ltd. raised its stake in shares of iShares MSCI China ETF by 21.9% during the first quarter. Invesco Ltd. now owns 21,794 shares of the company’s stock valued at $1,186,000 after acquiring an additional 3,912 shares in the last quarter. Raymond James Financial Inc. increased its holdings in iShares MSCI China ETF by 49.7% during the 1st quarter. Raymond James Financial Inc. now owns 126,880 shares of the company’s stock worth $6,902,000 after purchasing an additional 42,106 shares during the period. Northern Trust Corp raised its position in iShares MSCI China ETF by 1.8% during the 1st quarter. Northern Trust Corp now owns 457,297 shares of the company’s stock valued at $24,877,000 after purchasing an additional 8,097 shares in the last quarter. Hsbc Holdings PLC purchased a new stake in shares of iShares MSCI China ETF in the 1st quarter worth $655,000. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in shares of iShares MSCI China ETF by 89.0% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 2,799 shares of the company’s stock worth $152,000 after buying an additional 1,318 shares during the period.

iShares MSCI China ETF Trading Down 1.5%

Shares of iShares MSCI China ETF stock opened at $60.37 on Tuesday. The firm has a market cap of $7.74 billion, a P/E ratio of 13.11 and a beta of 0.26. iShares MSCI China ETF has a 12 month low of $43.70 and a 12 month high of $67.37. The stock’s fifty day moving average price is $62.46 and its 200-day moving average price is $60.82.

iShares MSCI China ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were given a dividend of $0.735 per share. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a yield of 246.0%.

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. Securities are weighted based on the total market value of their shares so that securities with higher total market values generally have a higher representation in the index.