Monument Capital Management Takes $1.74 Million Position in iShares MSCI China ETF $MCHI

Monument Capital Management purchased a new position in shares of iShares MSCI China ETF (NASDAQ:MCHI) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 26,404 shares of the company’s stock, valued at approximately $1,739,000.

A number of other hedge funds also recently modified their holdings of MCHI. Jordan Park Group LLC grew its holdings in iShares MSCI China ETF by 83.1% during the second quarter. Jordan Park Group LLC now owns 596,945 shares of the company’s stock valued at $32,892,000 after purchasing an additional 270,839 shares during the period. 3EDGE Asset Management LP raised its stake in shares of iShares MSCI China ETF by 441.5% in the second quarter. 3EDGE Asset Management LP now owns 298,718 shares of the company’s stock valued at $16,467,000 after buying an additional 243,553 shares during the period. Goldman Sachs Group Inc. lifted its position in shares of iShares MSCI China ETF by 52.3% during 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 during the last quarter. DRW Securities LLC grew its stake in shares of iShares MSCI China ETF by 320.6% during the 1st quarter. DRW Securities LLC now owns 238,557 shares of the company’s stock worth $12,978,000 after acquiring an additional 181,834 shares during the period. Finally, Amundi grew its stake in shares of iShares MSCI China ETF by 58.9% during the 1st quarter. Amundi now owns 490,300 shares of the company’s stock worth $26,314,000 after acquiring an additional 181,800 shares during the period.

iShares MSCI China ETF Stock Performance

Shares of MCHI opened at $60.89 on Tuesday. iShares MSCI China ETF has a fifty-two week low of $43.70 and a fifty-two week high of $67.37. The business has a 50-day moving average of $62.71 and a 200 day moving average of $60.63. The firm has a market cap of $7.81 billion, a P/E ratio of 13.11 and a beta of 0.26.

iShares MSCI China ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were paid a $0.735 dividend. The ex-dividend date was Tuesday, December 16th. This represents a dividend yield of 246.0%.

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.