USS Investment Management Ltd Makes New Investment in iShares MSCI China ETF $MCHI

USS Investment Management Ltd bought a new position in iShares MSCI China ETF (NASDAQ:MCHI) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 436,824 shares of the company’s stock, valued at approximately $24,547,000.

Several other large investors have also recently modified their holdings of the business. Morgan Stanley raised its position in shares of iShares MSCI China ETF by 16.5% in the fourth quarter. Morgan Stanley now owns 3,366,959 shares of the company’s stock valued at $202,253,000 after purchasing an additional 476,032 shares during the period. Bank Julius Baer & Co. Ltd Zurich grew its stake in iShares MSCI China ETF by 21.8% in the 4th quarter. Bank Julius Baer & Co. Ltd Zurich now owns 2,269,856 shares of the company’s stock valued at $136,350,000 after buying an additional 406,236 shares in the last quarter. Bank of America Corp DE raised its holdings in iShares MSCI China ETF by 855.9% during the 3rd quarter. Bank of America Corp DE now owns 1,479,714 shares of the company’s stock valued at $97,439,000 after acquiring an additional 1,324,910 shares during the period. LPL Financial LLC raised its holdings in iShares MSCI China ETF by 3.9% during the 4th quarter. LPL Financial LLC now owns 1,418,246 shares of the company’s stock valued at $85,194,000 after acquiring an additional 53,506 shares during the period. Finally, OLD Mission Capital LLC raised its holdings in iShares MSCI China ETF by 124.5% during the 4th quarter. OLD Mission Capital LLC now owns 1,336,823 shares of the company’s stock valued at $80,303,000 after acquiring an additional 741,450 shares during the period.

iShares MSCI China ETF Price Performance

iShares MSCI China ETF stock opened at $51.03 on Wednesday. iShares MSCI China ETF has a one year low of $49.88 and a one year high of $67.37. The business has a fifty day moving average price of $55.53 and a 200-day moving average price of $58.27. The firm has a market capitalization of $5.98 billion, a P/E ratio of 13.11 and a beta of 0.32.

iShares MSCI China ETF Announces Dividend

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