Banco Santander S.A. Sells 69,928 Shares of iShares MSCI China ETF $MCHI

Banco Santander S.A. reduced its stake in iShares MSCI China ETF (NASDAQ:MCHI) by 31.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 153,155 shares of the company’s stock after selling 69,928 shares during the quarter. Banco Santander S.A. owned approximately 0.12% of iShares MSCI China ETF worth $10,085,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of MCHI. JPMorgan Chase & Co. grew its stake in shares of iShares MSCI China ETF by 522.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,102,717 shares of the company’s stock worth $204,314,000 after acquiring an additional 2,604,585 shares in the last quarter. Nipun Capital L.P. grew its position in iShares MSCI China ETF by 4.1% in the 2nd quarter. Nipun Capital L.P. now owns 747,200 shares of the company’s stock worth $41,171,000 after purchasing an additional 29,300 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in iShares MSCI China ETF by 52.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 561,233 shares of the company’s stock valued at $30,531,000 after buying an additional 192,712 shares during the last quarter. Amundi increased its stake in iShares MSCI China ETF by 13.6% in the 2nd quarter. Amundi now owns 556,900 shares of the company’s stock valued at $30,630,000 after buying an additional 66,600 shares during the last quarter. Finally, Prudential PLC boosted its stake in shares of iShares MSCI China ETF by 10.5% in the 2nd quarter. Prudential PLC now owns 503,860 shares of the company’s stock worth $27,763,000 after buying an additional 48,040 shares during the last quarter.

iShares MSCI China ETF Stock Down 0.3%

MCHI stock opened at $59.06 on Friday. The firm has a market cap of $7.48 billion, a PE ratio of 13.11 and a beta of 0.26. The business has a 50 day moving average of $61.62 and a 200-day moving average of $62.41. iShares MSCI China ETF has a 12-month low of $44.71 and a 12-month high of $67.37.

iShares MSCI China ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, December 19th. Stockholders 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 dividend yield of 246.0%.

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. 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.