Financiere des Professionnels Fonds d investissement inc. Takes Position in iShares MSCI China ETF (NASDAQ:MCHI)

Financiere des Professionnels Fonds d investissement inc. bought a new stake in iShares MSCI China ETF (NASDAQ:MCHI) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 8,000 shares of the company’s stock, valued at approximately $375,000.

A number of other institutional investors have also modified their holdings of MCHI. TT International Asset Management LTD acquired a new stake in shares of iShares MSCI China ETF in the 3rd quarter valued at about $35,807,000. Angeles Investment Advisors LLC raised its stake in iShares MSCI China ETF by 104.7% during the third quarter. Angeles Investment Advisors LLC now owns 604,000 shares of the company’s stock worth $30,750,000 after acquiring an additional 309,000 shares during the period. Flow Traders U.S. LLC acquired a new stake in iShares MSCI China ETF during the third quarter worth about $14,982,000. Galvin Gaustad & Stein LLC acquired a new stake in iShares MSCI China ETF during the fourth quarter worth about $11,211,000. Finally, Erste Asset Management GmbH acquired a new stake in iShares MSCI China ETF during the third quarter worth about $10,260,000.

iShares MSCI China ETF Stock Up 3.1 %

MCHI opened at $53.46 on Monday. The firm has a market cap of $5.73 billion, a price-to-earnings ratio of 10.76 and a beta of 0.49. iShares MSCI China ETF has a fifty-two week low of $37.97 and a fifty-two week high of $59.78. The company’s 50-day moving average price is $47.62 and its 200 day moving average price is $46.76.

iShares MSCI China ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid a dividend of $0.8911 per share. 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.