180 Wealth Advisors LLC Buys New Stake in iShares MSCI China ETF (NASDAQ:MCHI)

180 Wealth Advisors LLC bought a new position in shares of iShares MSCI China ETF (NASDAQ:MCHI) in the first quarter, HoldingsChannel.com reports. The firm bought 7,294 shares of the company’s stock, valued at approximately $290,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of MCHI. Ameriprise Financial Inc. increased its stake in shares of iShares MSCI China ETF by 1.6% in the third quarter. Ameriprise Financial Inc. now owns 2,418,408 shares of the company’s stock worth $104,598,000 after purchasing an additional 38,438 shares during the period. Bridgewater Associates LP lifted its holdings in shares of iShares MSCI China ETF by 1.6% during the fourth quarter. Bridgewater Associates LP now owns 1,972,950 shares of the company’s stock worth $80,378,000 after buying an additional 31,095 shares during the last quarter. Morningstar Investment Services LLC lifted its holdings in shares of iShares MSCI China ETF by 98.6% during the fourth quarter. Morningstar Investment Services LLC now owns 1,645,445 shares of the company’s stock worth $66,575,000 after buying an additional 817,094 shares during the last quarter. 3EDGE Asset Management LP boosted its position in shares of iShares MSCI China ETF by 3,234.0% in the fourth quarter. 3EDGE Asset Management LP now owns 1,281,750 shares of the company’s stock valued at $52,218,000 after acquiring an additional 1,243,305 shares during the period. Finally, DRW Securities LLC grew its stake in shares of iShares MSCI China ETF by 81.9% in the fourth quarter. DRW Securities LLC now owns 865,990 shares of the company’s stock worth $35,280,000 after acquiring an additional 389,828 shares during the last quarter.

iShares MSCI China ETF Price Performance

MCHI stock traded up $0.21 on Friday, reaching $42.32. 1,251,759 shares of the company were exchanged, compared to its average volume of 3,779,063. iShares MSCI China ETF has a 12 month low of $35.58 and a 12 month high of $49.94. The stock’s fifty day moving average price is $43.88 and its 200 day moving average price is $40.83. The firm has a market capitalization of $5.01 billion, a PE ratio of 10.76 and a beta of 0.49.

iShares MSCI China ETF Dividend Announcement

The business also recently disclosed a Semi-Annual dividend, which was paid on Monday, June 17th. Stockholders of record on Tuesday, June 11th were issued a dividend of $0.1905 per share. The ex-dividend date of this dividend was Tuesday, June 11th.

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.