RBF Capital LLC Trims Holdings in iShares MSCI China ETF $MCHI

RBF Capital LLC decreased its stake in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 20.0% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 40,000 shares of the company’s stock after selling 10,000 shares during the quarter. RBF Capital LLC’s holdings in iShares MSCI China ETF were worth $2,403,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Millennium Management LLC increased its stake in iShares MSCI China ETF by 49.6% during the first quarter. Millennium Management LLC now owns 70,891 shares of the company’s stock worth $3,856,000 after acquiring an additional 23,513 shares during the last quarter. Jones Financial Companies Lllp increased its stake in iShares MSCI China ETF by 1,740.0% during the first quarter. Jones Financial Companies Lllp now owns 18,050 shares of the company’s stock worth $906,000 after acquiring an additional 17,069 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in iShares MSCI China ETF by 52.3% during the first quarter. Goldman Sachs Group Inc. now owns 561,233 shares of the company’s stock worth $30,531,000 after acquiring an additional 192,712 shares during the last quarter. Empowered Funds LLC acquired a new stake in iShares MSCI China ETF during the first quarter worth $2,947,000. Finally, Woodline Partners LP acquired a new stake in iShares MSCI China ETF during the first quarter worth $2,026,000.

iShares MSCI China ETF Stock Down 1.5%

MCHI stock opened at $54.13 on Wednesday. The business has a fifty day moving average of $56.67 and a two-hundred day moving average of $59.00. The stock has a market cap of $6.34 billion, a price-to-earnings ratio of 13.11 and a beta of 0.32. iShares MSCI China ETF has a 52-week low of $53.40 and a 52-week high of $67.37.

iShares MSCI China ETF Dividend Announcement

The firm also recently announced a dividend, which will be paid on Thursday, June 18th. Shareholders of record on Monday, June 15th will be paid a dividend of $0.3613 per share. The ex-dividend date of this dividend is Monday, June 15th.

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.