Mirae Asset Global Investments Co. Ltd. Has $20.47 Million Stock Holdings in iShares MSCI China ETF $MCHI

Mirae Asset Global Investments Co. Ltd. trimmed its position in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 24.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 310,900 shares of the company’s stock after selling 102,477 shares during the period. Mirae Asset Global Investments Co. Ltd. owned approximately 0.24% of iShares MSCI China ETF worth $20,473,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the company. Meitav Investment House Ltd. increased its position in shares of iShares MSCI China ETF by 0.4% during the second quarter. Meitav Investment House Ltd. now owns 2,601,233 shares of the company’s stock valued at $143,385,000 after purchasing an additional 9,972 shares during the period. Nipun Capital L.P. increased its holdings in iShares MSCI China ETF by 4.1% in the 2nd quarter. Nipun Capital L.P. now owns 747,200 shares of the company’s stock valued at $41,171,000 after buying an additional 29,300 shares during the period. Jordan Park Group LLC increased its holdings in iShares MSCI China ETF by 83.1% in the 2nd quarter. Jordan Park Group LLC now owns 596,945 shares of the company’s stock valued at $32,892,000 after buying an additional 270,839 shares during the period. Goldman Sachs Group Inc. raised its stake in shares of 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 in the last quarter. Finally, Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD lifted its holdings in shares of iShares MSCI China ETF by 1.2% during the 2nd quarter. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD now owns 560,714 shares of the company’s stock worth $30,914,000 after acquiring an additional 6,823 shares during the period.

iShares MSCI China ETF Stock Performance

Shares of iShares MSCI China ETF stock opened at $64.23 on Friday. The firm has a market cap of $8.23 billion, a P/E ratio of 13.11 and a beta of 0.26. The firm’s 50-day simple moving average is $61.90 and its 200-day simple moving average is $61.97. iShares MSCI China ETF has a twelve month low of $44.71 and a twelve month high of $67.37.

iShares MSCI China ETF Dividend Announcement

The business 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. This represents a dividend yield of 246.0%. The ex-dividend date was Tuesday, December 16th.

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.