iShares MSCI China ETF (NASDAQ:MCHI) Shares Sold by Private Advisor Group LLC

Private Advisor Group LLC trimmed its holdings in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 64.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,961 shares of the company’s stock after selling 8,873 shares during the period. Private Advisor Group LLC’s holdings in iShares MSCI China ETF were worth $232,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Global Retirement Partners LLC increased its stake in shares of iShares MSCI China ETF by 13.7% in the fourth quarter. Global Retirement Partners LLC now owns 2,570 shares of the company’s stock worth $120,000 after buying an additional 309 shares during the last quarter. DHK Financial Advisors Inc. boosted its holdings in shares of iShares MSCI China ETF by 1.9% during the fourth quarter. DHK Financial Advisors Inc. now owns 22,931 shares of the company’s stock valued at $1,075,000 after acquiring an additional 425 shares during the period. Ridgewood Investments LLC lifted its holdings in iShares MSCI China ETF by 2.4% in the fourth quarter. Ridgewood Investments LLC now owns 21,694 shares of the company’s stock worth $1,017,000 after purchasing an additional 500 shares during the period. Safe Harbor Fiduciary LLC acquired a new stake in iShares MSCI China ETF in the third quarter worth about $27,000. Finally, Avior Wealth Management LLC lifted its holdings in iShares MSCI China ETF by 114.2% in the fourth quarter. Avior Wealth Management LLC now owns 1,071 shares of the company’s stock worth $50,000 after purchasing an additional 571 shares during the period.

iShares MSCI China ETF Trading Up 0.6 %

Shares of NASDAQ MCHI opened at $56.53 on Friday. iShares MSCI China ETF has a twelve month low of $38.57 and a twelve month high of $59.78. The company has a market capitalization of $6.06 billion, a price-to-earnings ratio of 13.24 and a beta of 0.49. The firm has a 50-day moving average of $49.42 and a two-hundred day moving average of $47.99.

iShares MSCI China ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were issued a $0.8911 dividend. The ex-dividend date was Tuesday, December 17th.

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.