Fiduciary Financial Group LLC Sells 2,077 Shares of iShares MSCI China ETF (NASDAQ:MCHI)

Fiduciary Financial Group LLC lowered its position in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 24.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,449 shares of the company’s stock after selling 2,077 shares during the quarter. Fiduciary Financial Group LLC’s holdings in iShares MSCI China ETF were worth $282,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Safe Harbor Fiduciary LLC purchased a new position in iShares MSCI China ETF during the third quarter valued at approximately $27,000. Blue Trust Inc. lifted its holdings in iShares MSCI China ETF by 137.6% during the third quarter. Blue Trust Inc. now owns 3,272 shares of the company’s stock valued at $167,000 after purchasing an additional 1,895 shares in the last quarter. Creative Planning purchased a new position in shares of iShares MSCI China ETF in the third quarter worth $221,000. Tidal Investments LLC purchased a new position in shares of iShares MSCI China ETF in the third quarter worth $223,000. Finally, DMC Group LLC purchased a new position in shares of iShares MSCI China ETF in the third quarter worth $232,000.

iShares MSCI China ETF Stock Performance

MCHI stock opened at $45.31 on Thursday. iShares MSCI China ETF has a one year low of $35.58 and a one year high of $59.78. The company’s fifty day moving average price is $47.33 and its 200-day moving average price is $45.81. The company has a market capitalization of $5.25 billion, a PE ratio of 10.76 and a beta of 0.49.

iShares MSCI China ETF Announces Dividend

The business also recently announced a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a $0.8911 dividend. The ex-dividend date of this dividend was Tuesday, December 17th.

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.