Evanson Financial LLC Acquires Shares of 11,282 iShares MSCI China ETF $MCHI

Evanson Financial LLC acquired a new position in iShares MSCI China ETF (NASDAQ:MCHIFree Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 11,282 shares of the company’s stock, valued at approximately $576,000.

Several other institutional investors and hedge funds have also recently modified their holdings of MCHI. Bank of America Corp DE increased its stake in shares of iShares MSCI China ETF by 855.9% during the third quarter. Bank of America Corp DE now owns 1,479,714 shares of the company’s stock valued at $97,439,000 after purchasing an additional 1,324,910 shares in the last quarter. SPX Gestao de Recursos Ltda bought a new stake in shares of iShares MSCI China ETF in the 1st quarter worth approximately $54,607,000. Northwestern Mutual Wealth Management Co. grew its stake in shares of iShares MSCI China ETF by 19,983.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 916,424 shares of the company’s stock worth $55,050,000 after buying an additional 911,861 shares during the last quarter. Phoenix Financial Ltd. grew its stake in shares of iShares MSCI China ETF by 164.6% in the 4th quarter. Phoenix Financial Ltd. now owns 1,322,800 shares of the company’s stock worth $79,461,000 after buying an additional 822,800 shares during the last quarter. Finally, Temasek Holdings Private Ltd purchased a new stake in shares of iShares MSCI China ETF in the 4th quarter worth approximately $44,741,000.

iShares MSCI China ETF Trading Up 1.2%

Shares of NASDAQ:MCHI opened at $56.57 on Friday. The stock has a fifty day simple moving average of $53.65 and a two-hundred day simple moving average of $56.79. The stock has a market capitalization of $6.38 billion, a price-to-earnings ratio of 13.11 and a beta of 0.34. iShares MSCI China ETF has a 12-month low of $49.88 and a 12-month high of $67.37.

iShares MSCI China ETF Announces Dividend

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

iShares MSCI China ETF Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for iShares MSCI China ETF (NASDAQ:MCHI)

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