Fifth Third Bancorp Acquires 230,665 Shares of iShares MSCI China ETF $MCHI

Fifth Third Bancorp raised its holdings in iShares MSCI China ETF (NASDAQ:MCHI) by 922,660.0% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 230,690 shares of the company’s stock after buying an additional 230,665 shares during the quarter. Fifth Third Bancorp’s holdings in iShares MSCI China ETF were worth $12,960,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. JPL Wealth Management LLC bought a new stake in shares of iShares MSCI China ETF in the third quarter valued at approximately $34,000. Aventura Private Wealth LLC bought a new position in iShares MSCI China ETF during the fourth quarter worth $38,000. Whittier Trust Co. bought a new position in iShares MSCI China ETF during the fourth quarter worth $38,000. Advisory Services Network LLC acquired a new position in iShares MSCI China ETF during the 3rd quarter valued at $39,000. Finally, Zions Bancorporation National Association UT acquired a new position in iShares MSCI China ETF during the 4th quarter valued at $39,000.

iShares MSCI China ETF Price Performance

Shares of iShares MSCI China ETF stock opened at $53.23 on Wednesday. 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 fifty day moving average price of $54.45 and a two-hundred day moving average price of $57.68. The company has a market cap of $6.08 billion, a PE ratio of 13.11 and a beta of 0.33.

iShares MSCI China ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were given a dividend of $0.3613 per share. The ex-dividend date of this dividend was 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.