Alberta Investment Management Corp Has $139.61 Million Stock Holdings in iShares MSCI China ETF (NASDAQ:MCHI)

Alberta Investment Management Corp boosted its position in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 66.6% during the 4th quarter, Holdings Channel reports. The institutional investor owned 2,979,356 shares of the company’s stock after purchasing an additional 1,191,466 shares during the quarter. iShares MSCI China ETF makes up approximately 0.9% of Alberta Investment Management Corp’s investment portfolio, making the stock its 14th biggest position. Alberta Investment Management Corp’s holdings in iShares MSCI China ETF were worth $139,613,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of MCHI. Safe Harbor Fiduciary LLC bought a new stake in shares of iShares MSCI China ETF in the 3rd quarter valued at $27,000. Avior Wealth Management LLC increased its position in shares of iShares MSCI China ETF by 114.2% in the 4th quarter. Avior Wealth Management LLC now owns 1,071 shares of the company’s stock valued at $50,000 after buying an additional 571 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. bought a new stake in shares of iShares MSCI China ETF in the 4th quarter valued at $68,000. Global Retirement Partners LLC increased its position in shares of iShares MSCI China ETF by 13.7% in the 4th quarter. Global Retirement Partners LLC now owns 2,570 shares of the company’s stock valued at $120,000 after buying an additional 309 shares in the last quarter. Finally, Union Bancaire Privee UBP SA bought a new stake in shares of iShares MSCI China ETF in the 4th quarter valued at $127,000.

iShares MSCI China ETF Stock Up 1.0 %

MCHI opened at $53.98 on Wednesday. iShares MSCI China ETF has a 12 month low of $38.28 and a 12 month high of $59.78. The company has a fifty day simple moving average of $47.66 and a 200 day simple moving average of $46.89. The stock has a market cap of $5.79 billion, a P/E ratio of 10.76 and a beta of 0.49.

iShares MSCI China ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were issued a dividend of $0.8911 per share. The ex-dividend date was Tuesday, December 17th.

iShares MSCI China ETF 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.