iShares MSCI China ETF $MCHI Holdings Raised by Lido Advisors LLC

Lido Advisors LLC raised its stake in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 186.9% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 416,296 shares of the company’s stock after buying an additional 271,209 shares during the period. Lido Advisors LLC owned about 0.36% of iShares MSCI China ETF worth $23,388,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. JPL Wealth Management LLC acquired a new position in shares of iShares MSCI China ETF in the third quarter worth $34,000. Advisory Services Network LLC acquired a new stake in iShares MSCI China ETF during the third quarter valued at $39,000. Whittier Trust Co. purchased a new position in iShares MSCI China ETF in the fourth quarter valued at about $38,000. Zions Bancorporation National Association UT purchased a new position in iShares MSCI China ETF in the fourth quarter valued at about $39,000. Finally, Hurley Capital LLC purchased a new position in iShares MSCI China ETF in the fourth quarter valued at about $49,000.

iShares MSCI China ETF Price Performance

Shares of MCHI stock opened at $53.57 on Thursday. iShares MSCI China ETF has a fifty-two week low of $49.88 and a fifty-two week high of $67.37. The stock’s 50-day moving average is $53.87 and its two-hundred day moving average is $57.40. The firm has a market cap of $6.06 billion, a P/E ratio of 13.11 and a beta of 0.33.

iShares MSCI China ETF Announces Dividend

The company also recently declared a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were paid a $0.3613 dividend. The ex-dividend date of this dividend 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.