TIAA Trust National Association Acquires Shares of 26,727 iShares MSCI China ETF $MCHI

TIAA Trust National Association acquired a new stake in shares of iShares MSCI China ETF (NASDAQ:MCHI) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 26,727 shares of the company’s stock, valued at approximately $1,760,000.

Several other large investors also recently modified their holdings of MCHI. Interchange Capital Partners LLC grew its stake in shares of iShares MSCI China ETF by 11.0% in the third quarter. Interchange Capital Partners LLC now owns 4,787 shares of the company’s stock worth $315,000 after purchasing an additional 475 shares during the last quarter. Lake Street Private Wealth LLC lifted its holdings in iShares MSCI China ETF by 1.0% in the 3rd quarter. Lake Street Private Wealth LLC now owns 84,505 shares of the company’s stock worth $5,565,000 after buying an additional 823 shares during the period. Acima Private Wealth LLC lifted its holdings in iShares MSCI China ETF by 2.5% in the 3rd quarter. Acima Private Wealth LLC now owns 27,526 shares of the company’s stock worth $1,813,000 after buying an additional 681 shares during the period. OneDigital Investment Advisors LLC bought a new stake in shares of iShares MSCI China ETF in the 3rd quarter worth approximately $241,000. Finally, Journey Advisory Group LLC increased its stake in shares of iShares MSCI China ETF by 9.7% during the third quarter. Journey Advisory Group LLC now owns 147,299 shares of the company’s stock valued at $9,700,000 after buying an additional 13,040 shares during the period.

iShares MSCI China ETF Stock Down 0.3%

Shares of iShares MSCI China ETF stock opened at $59.06 on Friday. The business has a 50 day moving average of $61.62 and a 200 day moving average of $62.44. iShares MSCI China ETF has a 52 week low of $44.71 and a 52 week high of $67.37. The company has a market cap of $7.48 billion, a PE ratio of 13.11 and a beta of 0.26.

iShares MSCI China ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were issued a $0.735 dividend. The ex-dividend date was Tuesday, December 16th. This represents a yield of 246.0%.

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. 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.