24,471 Shares in iShares MSCI China ETF $MCHI Bought by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd bought a new stake in iShares MSCI China ETF (NASDAQ:MCHI) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 24,471 shares of the company’s stock, valued at approximately $1,611,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of MCHI. Bogart Wealth LLC acquired a new stake in shares of iShares MSCI China ETF during the 2nd quarter valued at approximately $28,000. Allworth Financial LP lifted its position in shares of iShares MSCI China ETF by 1,087.0% in the 2nd quarter. Allworth Financial LP now owns 546 shares of the company’s stock worth $30,000 after buying an additional 500 shares during the last quarter. Huntington National Bank boosted its holdings in shares of iShares MSCI China ETF by 79,500.0% in the 2nd quarter. Huntington National Bank now owns 796 shares of the company’s stock valued at $44,000 after buying an additional 795 shares during the period. Activest Wealth Management acquired a new position in iShares MSCI China ETF in the second quarter valued at approximately $72,000. Finally, Ramirez Asset Management Inc. bought a new stake in shares of iShares MSCI China ETF in the 2nd quarter worth approximately $149,000.

iShares MSCI China ETF Price Performance

NASDAQ:MCHI opened at $64.23 on Friday. The firm has a market capitalization of $8.23 billion, a P/E ratio of 13.11 and a beta of 0.26. The business has a 50 day simple moving average of $61.90 and a 200 day simple moving average of $61.97. iShares MSCI China ETF has a 12-month low of $44.71 and a 12-month high of $67.37.

iShares MSCI China ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were paid a $0.735 dividend. The ex-dividend date was Tuesday, December 16th. This represents a dividend yield of 246.0%.

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. 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.