Ridgewood Investments LLC Purchases 500 Shares of iShares MSCI China ETF (NASDAQ:MCHI)

Ridgewood Investments LLC grew its position in shares of iShares MSCI China ETF (NASDAQ:MCHI) by 2.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 21,694 shares of the company’s stock after buying an additional 500 shares during the quarter. Ridgewood Investments LLC’s holdings in iShares MSCI China ETF were worth $1,017,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in MCHI. Safe Harbor Fiduciary LLC bought a new stake in shares of iShares MSCI China ETF during the third quarter valued at approximately $27,000. Blue Trust Inc. grew its stake in shares of iShares MSCI China ETF by 137.6% during the third quarter. Blue Trust Inc. now owns 3,272 shares of the company’s stock valued at $167,000 after purchasing an additional 1,895 shares during the last quarter. Creative Planning bought a new stake in shares of iShares MSCI China ETF during the third quarter valued at approximately $221,000. Tidal Investments LLC bought a new stake in shares of iShares MSCI China ETF during the third quarter valued at approximately $223,000. Finally, DMC Group LLC bought a new stake in shares of iShares MSCI China ETF during the third quarter valued at approximately $232,000.

iShares MSCI China ETF Trading Down 2.4 %

Shares of MCHI traded down $1.09 during mid-day trading on Friday, hitting $43.84. 1,444,454 shares of the company traded hands, compared to its average volume of 2,522,639. iShares MSCI China ETF has a one year low of $35.58 and a one year high of $59.78. The business has a 50-day moving average of $47.69 and a 200 day moving average of $45.74. The stock has a market capitalization of $5.08 billion, a price-to-earnings ratio of 10.76 and a beta of 0.49.

iShares MSCI China ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were paid a dividend of $0.8911 per share. The ex-dividend date was Tuesday, December 17th.

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.