iShares MSCI China ETF (NASDAQ:MCHI) Position Raised by Gallacher Capital Management LLC

Gallacher Capital Management LLC lifted its position in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 9.4% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 39,800 shares of the company’s stock after acquiring an additional 3,430 shares during the period. iShares MSCI China ETF accounts for 0.9% of Gallacher Capital Management LLC’s portfolio, making the stock its 19th biggest holding. Gallacher Capital Management LLC’s holdings in iShares MSCI China ETF were worth $1,678,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Private Advisor Group LLC bought a new stake in iShares MSCI China ETF during the 2nd quarter valued at $513,000. Foundations Investment Advisors LLC bought a new position in shares of iShares MSCI China ETF in the second quarter worth $852,000. Moneda S.A. Administradora General de Fondos increased its holdings in shares of iShares MSCI China ETF by 7.5% during the second quarter. Moneda S.A. Administradora General de Fondos now owns 32,890 shares of the company’s stock valued at $1,387,000 after purchasing an additional 2,289 shares during the period. IFG Advisory LLC bought a new stake in shares of iShares MSCI China ETF during the second quarter valued at about $759,000. Finally, Arkadios Wealth Advisors acquired a new stake in iShares MSCI China ETF in the second quarter worth about $258,000.

iShares MSCI China ETF Stock Down 1.1 %

Shares of MCHI opened at $40.71 on Friday. iShares MSCI China ETF has a 52-week low of $35.58 and a 52-week high of $47.69. The firm has a market capitalization of $4.58 billion, a PE ratio of 10.76 and a beta of 0.49. The firm has a 50-day moving average price of $41.95 and a 200 day moving average price of $42.00.

iShares MSCI China ETF Announces Dividend

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

iShares MSCI China ETF 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.