iShares MSCI China ETF $MCHI Shares Bought by Allianz Asset Management GmbH

Allianz Asset Management GmbH increased its holdings in iShares MSCI China ETF (NASDAQ:MCHI) by 26.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 66,675 shares of the company’s stock after acquiring an additional 13,980 shares during the period. Allianz Asset Management GmbH owned approximately 0.05% of iShares MSCI China ETF worth $4,391,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in MCHI. Jones Financial Companies Lllp grew its stake in shares of iShares MSCI China ETF by 71.7% in the third quarter. Jones Financial Companies Lllp now owns 7,121 shares of the company’s stock valued at $458,000 after buying an additional 2,974 shares in the last quarter. Knights of Columbus Asset Advisors LLC boosted its holdings in iShares MSCI China ETF by 47.0% during the 3rd quarter. Knights of Columbus Asset Advisors LLC now owns 14,012 shares of the company’s stock valued at $923,000 after acquiring an additional 4,483 shares during the period. CIBC Asset Management Inc grew its position in iShares MSCI China ETF by 28.2% in the 3rd quarter. CIBC Asset Management Inc now owns 20,329 shares of the company’s stock valued at $1,339,000 after acquiring an additional 4,467 shares in the last quarter. Trek Financial LLC increased its stake in iShares MSCI China ETF by 153.7% during the third quarter. Trek Financial LLC now owns 15,605 shares of the company’s stock worth $1,028,000 after purchasing an additional 9,454 shares during the period. Finally, PFG Investments LLC lifted its position in shares of iShares MSCI China ETF by 8.3% during the third quarter. PFG Investments LLC now owns 5,233 shares of the company’s stock worth $345,000 after purchasing an additional 400 shares in the last quarter.

iShares MSCI China ETF Stock Performance

NASDAQ MCHI opened at $61.99 on Wednesday. iShares MSCI China ETF has a one year low of $44.71 and a one year high of $67.37. The firm has a 50 day simple moving average of $61.80 and a 200-day simple moving average of $62.24. The firm has a market cap of $7.85 billion, a price-to-earnings ratio of 13.11 and a beta of 0.26.

iShares MSCI China ETF Dividend Announcement

The business also recently disclosed 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%.

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. 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.