Allspring Global Investments Holdings LLC Lowers Position in iShares MSCI China ETF $MCHI

Allspring Global Investments Holdings LLC decreased its position in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 45.3% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 33,269 shares of the company’s stock after selling 27,521 shares during the period. Allspring Global Investments Holdings LLC’s holdings in iShares MSCI China ETF were worth $1,869,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. JPL Wealth Management LLC purchased a new stake in iShares MSCI China ETF during the 3rd quarter valued at approximately $34,000. Advisory Services Network LLC purchased a new position in shares of iShares MSCI China ETF in the third quarter worth $39,000. Whittier Trust Co. bought a new position in shares of iShares MSCI China ETF during the fourth quarter worth $38,000. Zions Bancorporation National Association UT bought a new position in shares of iShares MSCI China ETF during the fourth quarter worth $39,000. Finally, Hurley Capital LLC purchased a new position in iShares MSCI China ETF during the fourth quarter valued at $49,000.

iShares MSCI China ETF Stock Down 0.0%

MCHI opened at $53.33 on Friday. The company has a market capitalization of $6.04 billion, a PE ratio of 13.11 and a beta of 0.33. The firm has a 50-day simple moving average of $53.70 and a two-hundred day simple moving average of $57.31. iShares MSCI China ETF has a 52 week low of $49.88 and a 52 week high of $67.37.

iShares MSCI China ETF Announces Dividend

The business also recently declared a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were issued a dividend of $0.3613 per share. The ex-dividend date was Monday, June 15th.

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.