SG Americas Securities LLC Buys 81,512 Shares of iShares MSCI China ETF $MCHI

SG Americas Securities LLC lifted its stake in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 522.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 97,103 shares of the company’s stock after purchasing an additional 81,512 shares during the period. SG Americas Securities LLC’s holdings in iShares MSCI China ETF were worth $5,455,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the stock. Morgan Stanley lifted its stake in iShares MSCI China ETF by 16.5% in the fourth quarter. Morgan Stanley now owns 3,366,959 shares of the company’s stock valued at $202,253,000 after purchasing an additional 476,032 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich increased its position in iShares MSCI China ETF by 21.8% in the fourth quarter. Bank Julius Baer & Co. Ltd Zurich now owns 2,269,856 shares of the company’s stock worth $136,350,000 after buying an additional 406,236 shares during the last quarter. Bank of America Corp DE increased its position in iShares MSCI China ETF by 855.9% in the third quarter. Bank of America Corp DE now owns 1,479,714 shares of the company’s stock worth $97,439,000 after buying an additional 1,324,910 shares during the last quarter. LPL Financial LLC raised its stake in shares of iShares MSCI China ETF by 3.9% in the fourth quarter. LPL Financial LLC now owns 1,418,246 shares of the company’s stock valued at $85,194,000 after buying an additional 53,506 shares during the period. Finally, OLD Mission Capital LLC raised its stake in shares of iShares MSCI China ETF by 124.5% in the fourth quarter. OLD Mission Capital LLC now owns 1,336,823 shares of the company’s stock valued at $80,303,000 after buying an additional 741,450 shares during the period.

iShares MSCI China ETF Stock Performance

Shares of MCHI opened at $50.48 on Monday. The business has a 50-day moving average of $55.86 and a 200 day moving average of $58.42. iShares MSCI China ETF has a fifty-two week low of $49.88 and a fifty-two week high of $67.37. The firm has a market cap of $5.92 billion, a P/E ratio of 13.11 and a beta of 0.32.

iShares MSCI China ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were paid a $0.3613 dividend. The ex-dividend date was Monday, June 15th.

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.