Barclays PLC Sells 9,576 Shares of iShares MSCI China ETF (NASDAQ:MCHI)

Barclays PLC trimmed its position in iShares MSCI China ETF (NASDAQ:MCHI) by 22.1% during the third quarter, HoldingsChannel reports. The institutional investor owned 33,790 shares of the company’s stock after selling 9,576 shares during the period. Barclays PLC’s holdings in iShares MSCI China ETF were worth $1,721,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Safe Harbor Fiduciary LLC bought a new stake in iShares MSCI China ETF during the 3rd quarter worth approximately $27,000. Blue Trust Inc. raised 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 in the last quarter. Creative Planning bought a new stake in shares of iShares MSCI China ETF during the 3rd quarter valued at about $221,000. DMC Group LLC bought a new stake in shares of iShares MSCI China ETF during the 3rd quarter valued at about $232,000. Finally, Ignite Planners LLC purchased a new position in shares of iShares MSCI China ETF during the third quarter worth about $235,000.

iShares MSCI China ETF Stock Down 2.7 %

MCHI opened at $43.71 on Friday. The business’s fifty day simple moving average is $47.57 and its 200 day simple moving average is $45.76. iShares MSCI China ETF has a 52 week low of $35.58 and a 52 week high of $59.78. The stock has a market cap of $5.06 billion, a PE ratio of 10.76 and a beta of 0.49.

iShares MSCI China ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, December 20th. Shareholders 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.