Geneos Wealth Management Inc. Acquires Shares of 34,339 iShares MSCI China ETF $MCHI

Geneos Wealth Management Inc. bought a new position in iShares MSCI China ETF (NASDAQ:MCHI) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 34,339 shares of the company’s stock, valued at approximately $1,929,000.

A number of other institutional investors also recently modified their holdings of the stock. Sanctuary Advisors LLC grew its stake in shares of iShares MSCI China ETF by 16.6% during the first quarter. Sanctuary Advisors LLC now owns 36,376 shares of the company’s stock valued at $2,044,000 after purchasing an additional 5,189 shares during the last quarter. J. Safra Sarasin Holding AG bought a new position in iShares MSCI China ETF in the 1st quarter worth approximately $281,000. 180 Wealth Advisors LLC raised its position in iShares MSCI China ETF by 9.1% in the 1st quarter. 180 Wealth Advisors LLC now owns 59,166 shares of the company’s stock worth $3,324,000 after purchasing an additional 4,934 shares during the last quarter. Fifth Third Bancorp lifted its holdings in iShares MSCI China ETF by 922,660.0% during the 1st quarter. Fifth Third Bancorp now owns 230,690 shares of the company’s stock worth $12,960,000 after buying an additional 230,665 shares in the last quarter. Finally, Meitav Investment House Ltd. lifted its holdings in iShares MSCI China ETF by 38.9% during the 1st quarter. Meitav Investment House Ltd. now owns 1,175,148 shares of the company’s stock worth $66,020,000 after buying an additional 328,915 shares in the last quarter.

iShares MSCI China ETF Stock Performance

Shares of MCHI opened at $52.95 on Friday. The business’s fifty day moving average price is $54.17 and its two-hundred day moving average price is $57.55. The firm has a market capitalization of $5.99 billion, a price-to-earnings ratio of 13.11 and a beta of 0.33. iShares MSCI China ETF has a 52 week low of $49.88 and a 52 week high of $67.37.

iShares MSCI China ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were given a dividend of $0.3613 per share. The ex-dividend date was Monday, June 15th.

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. Securities are weighted based on the total market value of their shares so that securities with higher total market values generally have a higher representation in the index.