iShares MSCI China ETF (NASDAQ:MCHI) Holdings Lowered by Cambridge Investment Research Advisors Inc.

Cambridge Investment Research Advisors Inc. reduced its holdings in iShares MSCI China ETF (NASDAQ:MCHI) by 1.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 42,218 shares of the company’s stock after selling 554 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in iShares MSCI China ETF were worth $1,780,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the business. Bank of New York Mellon Corp increased its holdings in shares of iShares MSCI China ETF by 1.7% during the 2nd quarter. Bank of New York Mellon Corp now owns 48,149 shares of the company’s stock valued at $2,030,000 after acquiring an additional 801 shares during the last quarter. Upper Left Wealth Management LLC grew its holdings in iShares MSCI China ETF by 2.3% in the 2nd quarter. Upper Left Wealth Management LLC now owns 89,407 shares of the company’s stock valued at $3,770,000 after buying an additional 2,036 shares during the last quarter. Richard W. Paul & Associates LLC grew its holdings in iShares MSCI China ETF by 2.3% in the 2nd quarter. Richard W. Paul & Associates LLC now owns 70,972 shares of the company’s stock valued at $2,993,000 after buying an additional 1,604 shares during the last quarter. Stableford Capital II LLC acquired a new stake in iShares MSCI China ETF in the 2nd quarter valued at approximately $1,135,000. Finally, Donald L. Hagan LLC acquired a new stake in iShares MSCI China ETF in the 2nd quarter valued at approximately $347,000.

iShares MSCI China ETF Stock Up 0.7 %

MCHI opened at $41.83 on Tuesday. The firm has a market capitalization of $4.70 billion, a P/E ratio of 10.76 and a beta of 0.49. The stock’s 50 day moving average price is $42.06 and its two-hundred day moving average price is $41.95. iShares MSCI China ETF has a 12-month low of $35.58 and a 12-month high of $47.69.

iShares MSCI China ETF Announces Dividend

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

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.