Syon Capital LLC Increases Position in iShares MSCI China ETF $MCHI

Syon Capital LLC grew its position in iShares MSCI China ETF (NASDAQ:MCHI) by 16.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 500,385 shares of the company’s stock after purchasing an additional 69,334 shares during the quarter. iShares MSCI China ETF makes up 1.1% of Syon Capital LLC’s investment portfolio, making the stock its 20th largest position. Syon Capital LLC owned approximately 0.44% of iShares MSCI China ETF worth $25,532,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. JPL Wealth Management LLC purchased a new position in iShares MSCI China ETF in the third quarter valued at $34,000. Advisory Services Network LLC purchased a new stake in iShares MSCI China ETF during the 3rd quarter worth about $39,000. Zions Bancorporation National Association UT acquired a new position in shares of iShares MSCI China ETF during the 4th quarter worth about $39,000. Hurley Capital LLC acquired a new position in shares of iShares MSCI China ETF during the 4th quarter worth about $49,000. Finally, Banque Cantonale Vaudoise increased its holdings in shares of iShares MSCI China ETF by 11.2% in the 4th quarter. Banque Cantonale Vaudoise now owns 1,777 shares of the company’s stock valued at $107,000 after acquiring an additional 179 shares during the last quarter.

iShares MSCI China ETF Stock Performance

Shares of NASDAQ MCHI opened at $54.37 on Friday. iShares MSCI China ETF has a fifty-two week low of $49.88 and a fifty-two week high of $67.37. The firm has a market capitalization of $6.13 billion, a PE ratio of 13.11 and a beta of 0.34. The stock’s 50-day simple moving average is $54.12 and its 200-day simple moving average is $55.83.

iShares MSCI China ETF Announces Dividend

The business also recently declared a semiannual dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were paid a $0.3613 dividend. This represents a yield of 132.0%. 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.