3EDGE Asset Management LP Has $4.62 Million Stock Holdings in iShares MSCI China ETF $MCHI

3EDGE Asset Management LP trimmed its stake in iShares MSCI China ETF (NASDAQ:MCHI) by 76.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 70,183 shares of the company’s stock after selling 228,535 shares during the period. 3EDGE Asset Management LP owned about 0.05% of iShares MSCI China ETF worth $4,622,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Meitav Investment House Ltd. grew its position in iShares MSCI China ETF by 0.4% during the 2nd quarter. Meitav Investment House Ltd. now owns 2,601,233 shares of the company’s stock worth $143,385,000 after acquiring an additional 9,972 shares during the last quarter. Nipun Capital L.P. boosted its stake in iShares MSCI China ETF by 4.1% in the second 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. Jordan Park Group LLC grew its holdings in shares of iShares MSCI China ETF by 83.1% during the second quarter. Jordan Park Group LLC now owns 596,945 shares of the company’s stock worth $32,892,000 after purchasing an additional 270,839 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in shares of iShares MSCI China ETF by 52.3% in the first 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 in the last quarter. Finally, Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD raised its holdings in shares of iShares MSCI China ETF by 1.2% in the second quarter. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD now owns 560,714 shares of the company’s stock valued at $30,914,000 after buying an additional 6,823 shares during the last quarter.

iShares MSCI China ETF Price Performance

Shares of iShares MSCI China ETF stock opened at $62.78 on Friday. The firm has a 50 day simple moving average of $61.79 and a 200 day simple moving average of $61.67. iShares MSCI China ETF has a fifty-two week low of $44.71 and a fifty-two week high of $67.37. The firm has a market cap of $8.05 billion, a P/E ratio of 13.11 and a beta of 0.26.

iShares MSCI China ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were paid a $0.735 dividend. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a dividend 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.