Principal Securities Inc. Trims Stock Holdings in iShares MSCI China ETF (NASDAQ:MCHI)

Principal Securities Inc. reduced its position in iShares MSCI China ETF (NASDAQ:MCHI) by 0.7% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 145,148 shares of the company’s stock after selling 1,095 shares during the period. Principal Securities Inc. owned about 0.14% of iShares MSCI China ETF worth $6,802,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in MCHI. Safe Harbor Fiduciary LLC acquired a new stake in iShares MSCI China ETF during the 3rd quarter valued at $27,000. Avior Wealth Management LLC increased its holdings in iShares MSCI China ETF by 114.2% in the fourth quarter. Avior Wealth Management LLC now owns 1,071 shares of the company’s stock valued at $50,000 after buying an additional 571 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. acquired a new stake in iShares MSCI China ETF during the fourth quarter valued at approximately $68,000. Union Bancaire Privee UBP SA bought a new position in iShares MSCI China ETF during the 4th quarter worth approximately $127,000. Finally, Blue Trust Inc. increased its holdings in shares of iShares MSCI China ETF by 137.6% in the 3rd quarter. Blue Trust Inc. now owns 3,272 shares of the company’s stock valued at $167,000 after acquiring an additional 1,895 shares during the last quarter.

iShares MSCI China ETF Stock Performance

iShares MSCI China ETF stock opened at $53.46 on Friday. The company has a market cap of $5.73 billion, a P/E ratio of 10.76 and a beta of 0.49. The firm’s 50-day moving average is $47.62 and its 200-day moving average is $46.72. iShares MSCI China ETF has a 1 year low of $37.97 and a 1 year high of $59.78.

iShares MSCI China ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were given 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.