Jane Street Group LLC Reduces Position in iShares MSCI China ETF (NASDAQ:MCHI)

Jane Street Group LLC lessened its holdings in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 90.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 603,136 shares of the company’s stock after selling 5,705,000 shares during the period. Jane Street Group LLC owned 0.51% of iShares MSCI China ETF worth $23,963,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. International Assets Investment Management LLC purchased a new stake in iShares MSCI China ETF during the 4th quarter valued at about $179,000. Millburn Ridgefield Corp grew its stake in iShares MSCI China ETF by 2.4% during the 4th quarter. Millburn Ridgefield Corp now owns 16,732 shares of the company’s stock valued at $682,000 after acquiring an additional 399 shares in the last quarter. Wellington Management Group LLP grew its stake in iShares MSCI China ETF by 69.4% during the 4th quarter. Wellington Management Group LLP now owns 285,202 shares of the company’s stock valued at $11,619,000 after acquiring an additional 116,887 shares in the last quarter. CWM LLC grew its stake in shares of iShares MSCI China ETF by 359.1% in the 4th quarter. CWM LLC now owns 2,176 shares of the company’s stock valued at $89,000 after buying an additional 1,702 shares during the period. Finally, Principal Securities Inc. purchased a new stake in shares of iShares MSCI China ETF in the 4th quarter valued at approximately $4,436,000.

iShares MSCI China ETF Stock Down 0.6 %

Shares of iShares MSCI China ETF stock traded down $0.26 during mid-day trading on Thursday, hitting $41.26. The stock had a trading volume of 456,663 shares, compared to its average volume of 3,677,845. The firm has a 50-day moving average of $43.13 and a two-hundred day moving average of $41.24. iShares MSCI China ETF has a 12-month low of $35.58 and a 12-month high of $48.69. The firm has a market cap of $5.11 billion, a P/E ratio of 10.76 and a beta of 0.49.

iShares MSCI China ETF Announces Dividend

The company also recently declared a Semi-Annual dividend, which was paid on Monday, June 17th. Stockholders of record on Tuesday, June 11th were paid a $0.1905 dividend. The ex-dividend date of this dividend was Tuesday, June 11th.

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.