Coppell Advisory Solutions LLC Purchases Shares of 14,776 iShares MSCI China ETF $MCHI

Coppell Advisory Solutions LLC acquired a new position in iShares MSCI China ETF (NASDAQ:MCHI) in the second quarter, HoldingsChannel reports. The firm acquired 14,776 shares of the company’s stock, valued at approximately $754,000.

A number of other institutional investors also recently made changes to their positions in MCHI. Bank of America Corp DE raised its position in iShares MSCI China ETF by 855.9% in the 3rd quarter. Bank of America Corp DE now owns 1,479,714 shares of the company’s stock worth $97,439,000 after purchasing an additional 1,324,910 shares during the period. SPX Gestao de Recursos Ltda purchased a new stake in iShares MSCI China ETF during the first quarter valued at about $54,607,000. Northwestern Mutual Wealth Management Co. grew its stake in shares of iShares MSCI China ETF by 19,983.8% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 916,424 shares of the company’s stock valued at $55,050,000 after buying an additional 911,861 shares during the last quarter. Phoenix Financial Ltd. grew its stake in shares of iShares MSCI China ETF by 164.6% during the fourth quarter. Phoenix Financial Ltd. now owns 1,322,800 shares of the company’s stock valued at $79,461,000 after buying an additional 822,800 shares during the last quarter. Finally, Temasek Holdings Private Ltd purchased a new position in shares of iShares MSCI China ETF in the fourth quarter worth about $44,741,000.

iShares MSCI China ETF Trading Up 0.2%

NASDAQ MCHI opened at $54.54 on Thursday. The firm has a market cap of $6.15 billion, a PE ratio of 13.11 and a beta of 0.34. iShares MSCI China ETF has a 1-year low of $49.88 and a 1-year high of $67.37. The stock has a 50-day moving average of $54.05 and a 200-day moving average of $55.87.

iShares MSCI China ETF Announces Dividend

The company also recently announced a dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were issued a $0.3613 dividend. The ex-dividend date was Monday, June 15th.

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. 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.