Lido Advisors LLC Purchases 271,209 Shares of iShares MSCI China ETF $MCHI

Lido Advisors LLC grew its holdings in iShares MSCI China ETF (NASDAQ:MCHI) by 186.9% during the 1st quarter, HoldingsChannel reports. The firm owned 416,296 shares of the company’s stock after acquiring an additional 271,209 shares during the quarter. Lido Advisors LLC’s holdings in iShares MSCI China ETF were worth $23,388,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Millennium Management LLC lifted its position in shares of iShares MSCI China ETF by 49.6% during the 1st quarter. Millennium Management LLC now owns 70,891 shares of the company’s stock worth $3,856,000 after purchasing an additional 23,513 shares during the last quarter. Jones Financial Companies Lllp grew its holdings in iShares MSCI China ETF by 1,740.0% in the 1st quarter. Jones Financial Companies Lllp now owns 18,050 shares of the company’s stock valued at $906,000 after buying an additional 17,069 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in iShares MSCI China ETF by 52.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 561,233 shares of the company’s stock valued at $30,531,000 after buying an additional 192,712 shares during the last quarter. Empowered Funds LLC bought a new position in iShares MSCI China ETF in the 1st quarter worth approximately $2,947,000. Finally, Woodline Partners LP bought a new position in iShares MSCI China ETF in the 1st quarter worth approximately $2,026,000.

iShares MSCI China ETF Stock Down 0.8%

Shares of MCHI stock opened at $53.57 on Thursday. iShares MSCI China ETF has a 12 month low of $49.88 and a 12 month high of $67.37. The firm has a market cap of $6.06 billion, a PE ratio of 13.11 and a beta of 0.33. The stock has a 50 day moving average of $53.87 and a 200-day moving average of $57.40.

iShares MSCI China ETF Dividend Announcement

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

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. 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.