Yousif Capital Management LLC Has $8.66 Million Stake in iShares MSCI China ETF (NASDAQ:MCHI)

Yousif Capital Management LLC grew its holdings in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 75.5% during the fourth quarter, HoldingsChannel.com reports. The firm owned 184,840 shares of the company’s stock after acquiring an additional 79,500 shares during the quarter. Yousif Capital Management LLC’s holdings in iShares MSCI China ETF were worth $8,662,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in the business. Safe Harbor Fiduciary LLC acquired a new stake in iShares MSCI China ETF during the third quarter worth approximately $27,000. Avior Wealth Management LLC lifted its position in shares of iShares MSCI China ETF by 114.2% during the 4th quarter. Avior Wealth Management LLC now owns 1,071 shares of the company’s stock valued at $50,000 after acquiring an additional 571 shares during the period. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in shares of iShares MSCI China ETF during the 4th quarter worth $68,000. Union Bancaire Privee UBP SA bought a new position in shares of iShares MSCI China ETF in the fourth quarter worth $127,000. Finally, Blue Trust Inc. raised its stake in iShares MSCI China ETF by 137.6% in the third quarter. Blue Trust Inc. now owns 3,272 shares of the company’s stock valued at $167,000 after purchasing an additional 1,895 shares in the last quarter.

iShares MSCI China ETF Stock Down 1.7 %

MCHI opened at $48.46 on Thursday. iShares MSCI China ETF has a twelve month low of $37.01 and a twelve month high of $59.78. The stock has a market capitalization of $5.19 billion, a price-to-earnings ratio of 10.76 and a beta of 0.49. The company has a 50-day simple moving average of $47.08 and a 200 day simple moving average of $46.28.

iShares MSCI China ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were given a dividend of $0.8911 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

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.