Brooklyn Investment Group Takes $60,000 Position in iShares MSCI China ETF $MCHI

Brooklyn Investment Group acquired a new stake in iShares MSCI China ETF (NASDAQ:MCHI) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 1,107 shares of the company’s stock, valued at approximately $60,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Allspring Global Investments Holdings LLC lifted its holdings in shares of iShares MSCI China ETF by 182.4% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 86,694 shares of the company’s stock valued at $4,716,000 after buying an additional 56,000 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in iShares MSCI China ETF by 13.9% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 7,401 shares of the company’s stock worth $347,000 after buying an additional 906 shares in the last quarter. Cetera Investment Advisers increased its stake in iShares MSCI China ETF by 5.5% during the 4th quarter. Cetera Investment Advisers now owns 7,587 shares of the company’s stock worth $356,000 after buying an additional 394 shares in the last quarter. Farther Finance Advisors LLC increased its stake in iShares MSCI China ETF by 817.1% during the 1st quarter. Farther Finance Advisors LLC now owns 8,566 shares of the company’s stock worth $467,000 after buying an additional 7,632 shares in the last quarter. Finally, Deutsche Bank AG grew its position in shares of iShares MSCI China ETF by 208.6% in the fourth quarter. Deutsche Bank AG now owns 29,950 shares of the company’s stock valued at $1,403,000 after purchasing an additional 20,245 shares in the last quarter.

iShares MSCI China ETF Price Performance

MCHI stock opened at $61.57 on Friday. The business has a 50 day simple moving average of $56.98 and a 200-day simple moving average of $54.57. The firm has a market capitalization of $7.54 billion, a PE ratio of 13.11 and a beta of 0.49. iShares MSCI China ETF has a 1 year low of $40.25 and a 1 year high of $61.65.

iShares MSCI China ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, June 20th. Stockholders of record on Monday, June 16th were given a $0.5356 dividend. The ex-dividend date was Monday, June 16th.

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.