GAMMA Investing LLC Increases Stock Holdings in iShares MSCI China ETF (NASDAQ:MCHI)

GAMMA Investing LLC increased its stake in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 45.1% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 123,887 shares of the company’s stock after acquiring an additional 38,496 shares during the period. iShares MSCI China ETF makes up approximately 0.5% of GAMMA Investing LLC’s holdings, making the stock its 27th largest holding. GAMMA Investing LLC owned about 0.10% of iShares MSCI China ETF worth $5,805,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of MCHI. Safe Harbor Fiduciary LLC acquired a new stake in shares of iShares MSCI China ETF during the third quarter valued at about $27,000. Blue Trust Inc. boosted its holdings in iShares MSCI China ETF by 137.6% in the third quarter. Blue Trust Inc. now owns 3,272 shares of the company’s stock valued at $167,000 after purchasing an additional 1,895 shares during the last quarter. Creative Planning acquired a new stake in iShares MSCI China ETF during the 3rd quarter valued at approximately $221,000. Tidal Investments LLC acquired a new stake in iShares MSCI China ETF during the 3rd quarter valued at approximately $223,000. Finally, DMC Group LLC purchased a new stake in iShares MSCI China ETF during the 3rd quarter worth approximately $232,000.

iShares MSCI China ETF Trading Down 1.8 %

iShares MSCI China ETF stock opened at $46.02 on Friday. iShares MSCI China ETF has a 52 week low of $35.58 and a 52 week high of $59.78. The stock has a market cap of $5.79 billion, a P/E ratio of 10.76 and a beta of 0.49. The stock has a 50 day moving average of $48.13 and a 200-day moving average of $45.67.

iShares MSCI China ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were paid a dividend of $0.8911 per share. The ex-dividend date was Tuesday, December 17th.

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.