Journey Advisory Group LLC Has $9.70 Million Stake in iShares MSCI China ETF $MCHI

Journey Advisory Group LLC lifted its holdings in iShares MSCI China ETF (NASDAQ:MCHI) by 9.7% during the 3rd quarter, Holdings Channel reports. The fund owned 147,299 shares of the company’s stock after acquiring an additional 13,040 shares during the quarter. Journey Advisory Group LLC’s holdings in iShares MSCI China ETF were worth $9,700,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of MCHI. Angeles Investment Advisors LLC acquired a new stake in iShares MSCI China ETF during the 3rd quarter valued at $14,948,000. Avalon Capital Management acquired a new stake in shares of iShares MSCI China ETF in the third quarter valued at $967,000. GAMMA Investing LLC increased its stake in shares of iShares MSCI China ETF by 10.4% in the third quarter. GAMMA Investing LLC now owns 178,521 shares of the company’s stock valued at $11,756,000 after buying an additional 16,772 shares in the last quarter. Schroder Investment Management Group bought a new position in shares of iShares MSCI China ETF in the second quarter valued at about $6,522,000. Finally, Monument Capital Management bought a new position in shares of iShares MSCI China ETF in the third quarter valued at about $1,739,000.

iShares MSCI China ETF Trading Up 0.5%

MCHI opened at $61.01 on Friday. The stock has a market capitalization of $7.72 billion, a PE ratio of 13.11 and a beta of 0.26. iShares MSCI China ETF has a 1-year low of $44.71 and a 1-year high of $67.37. The firm has a 50-day moving average price of $61.63 and a two-hundred day moving average price of $62.35.

iShares MSCI China ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, December 19th. Investors of record on Tuesday, December 16th were issued a $0.735 dividend. The ex-dividend date of this dividend 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.