iShares MSCI China ETF (NASDAQ:MCHI) Shares Sold by Richard W. Paul & Associates LLC

Richard W. Paul & Associates LLC cut its stake in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 4.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 67,979 shares of the company’s stock after selling 2,921 shares during the quarter. iShares MSCI China ETF accounts for 1.2% of Richard W. Paul & Associates LLC’s portfolio, making the stock its 14th largest holding. Richard W. Paul & Associates LLC owned 0.06% of iShares MSCI China ETF worth $3,186,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. Safe Harbor Fiduciary LLC acquired a new position in shares of iShares MSCI China ETF in the 3rd quarter valued at $27,000. Avior Wealth Management LLC lifted its stake in iShares MSCI China ETF by 114.2% during the fourth quarter. Avior Wealth Management LLC now owns 1,071 shares of the company’s stock valued at $50,000 after buying an additional 571 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. acquired a new position in shares of iShares MSCI China ETF in the fourth quarter worth about $68,000. Private Trust Co. NA increased its position in shares of iShares MSCI China ETF by 44.3% in the fourth quarter. Private Trust Co. NA now owns 1,766 shares of the company’s stock worth $83,000 after acquiring an additional 542 shares in the last quarter. Finally, Global Retirement Partners LLC raised its holdings in shares of iShares MSCI China ETF by 13.7% during the fourth quarter. Global Retirement Partners LLC now owns 2,570 shares of the company’s stock valued at $120,000 after acquiring an additional 309 shares during the period.

iShares MSCI China ETF Stock Performance

iShares MSCI China ETF stock opened at $53.58 on Friday. iShares MSCI China ETF has a 52 week low of $38.40 and a 52 week high of $59.78. The firm has a market capitalization of $5.74 billion, a price-to-earnings ratio of 13.24 and a beta of 0.49. The company has a 50 day moving average price of $48.85 and a 200 day moving average price of $47.64.

iShares MSCI China ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given a $0.8911 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

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.