Journey Advisory Group LLC Buys 13,040 Shares of iShares MSCI China ETF $MCHI

Journey Advisory Group LLC increased its position in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 9.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 147,299 shares of the company’s stock after buying an additional 13,040 shares during the quarter. Journey Advisory Group LLC owned 0.11% of iShares MSCI China ETF worth $9,700,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Angeles Investment Advisors LLC bought a new position in shares of iShares MSCI China ETF during the 3rd quarter worth about $14,948,000. Avalon Capital Management acquired a new position in iShares MSCI China ETF in the third quarter worth about $967,000. GAMMA Investing LLC lifted its stake in iShares MSCI China ETF by 10.4% during the third quarter. GAMMA Investing LLC now owns 178,521 shares of the company’s stock worth $11,756,000 after purchasing an additional 16,772 shares during the period. Schroder Investment Management Group acquired a new stake in iShares MSCI China ETF during the second quarter valued at approximately $6,522,000. Finally, Monument Capital Management bought a new stake in shares of iShares MSCI China ETF in the 3rd quarter valued at approximately $1,739,000.

iShares MSCI China ETF Trading Up 0.5%

Shares of MCHI opened at $61.01 on Friday. The stock has a 50 day simple moving average of $61.63 and a 200-day simple moving average of $62.35. iShares MSCI China ETF has a 1 year low of $44.71 and a 1 year high of $67.37. The stock has a market cap of $7.72 billion, a PE ratio of 13.11 and a beta of 0.26.

iShares MSCI China ETF Dividend Announcement

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

iShares MSCI China ETF Company 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.