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

Richard W. Paul & Associates LLC boosted its holdings in iShares MSCI China ETF (NASDAQ:MCHI) by 2.3% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 70,972 shares of the company’s stock after buying an additional 1,604 shares during the period. iShares MSCI China ETF accounts for approximately 1.2% of Richard W. Paul & Associates LLC’s holdings, making the stock its 17th largest holding. Richard W. Paul & Associates LLC owned approximately 0.06% of iShares MSCI China ETF worth $2,993,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Signature Resources Capital Management LLC purchased a new stake in shares of iShares MSCI China ETF in the fourth quarter worth about $40,000. Geneos Wealth Management Inc. bought a new stake in iShares MSCI China ETF in the 1st quarter valued at about $45,000. Global Retirement Partners LLC boosted its position in shares of iShares MSCI China ETF by 28.2% during the first quarter. Global Retirement Partners LLC now owns 1,916 shares of the company’s stock worth $76,000 after buying an additional 421 shares during the period. CWM LLC increased its holdings in shares of iShares MSCI China ETF by 359.1% during the fourth quarter. CWM LLC now owns 2,176 shares of the company’s stock valued at $89,000 after purchasing an additional 1,702 shares during the period. Finally, Venturi Wealth Management LLC raised its position in shares of iShares MSCI China ETF by 18.9% during the 1st quarter. Venturi Wealth Management LLC now owns 2,373 shares of the company’s stock worth $94,000 after buying an additional 377 shares in the last quarter.

iShares MSCI China ETF Price Performance

Shares of MCHI traded down $0.35 during midday trading on Thursday, reaching $42.04. The stock had a trading volume of 2,253,515 shares, compared to its average volume of 3,568,005. The firm’s 50 day moving average price is $42.32 and its 200-day moving average price is $41.70. The company has a market capitalization of $4.73 billion, a P/E ratio of 10.76 and a beta of 0.49. iShares MSCI China ETF has a 52 week low of $35.58 and a 52 week high of $47.69.

iShares MSCI China ETF Announces Dividend

The company also recently disclosed a Semi-Annual dividend, which was paid on Monday, June 17th. Shareholders of record on Tuesday, June 11th were paid a dividend of $0.1905 per share. The ex-dividend date of this dividend was Tuesday, June 11th.

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.