iShares China Large-Cap ETF (NYSEARCA:FXI) Reaches New 1-Year Low – Here’s Why

iShares China Large-Cap ETF (NYSEARCA:FXI)’s stock price reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $34.39 and last traded at $34.39, with a volume of 310107 shares traded. The stock had previously closed at $34.75.

iShares China Large-Cap ETF Stock Performance

The stock has a 50-day moving average of $36.21 and a 200-day moving average of $37.57. The firm has a market cap of $5.83 billion, a price-to-earnings ratio of 10.78 and a beta of 0.30.

Institutional Trading of iShares China Large-Cap ETF

A number of institutional investors have recently made changes to their positions in the business. Brighton Jones LLC acquired a new stake in iShares China Large-Cap ETF in the 4th quarter valued at $240,000. AQR Capital Management LLC boosted its stake in shares of iShares China Large-Cap ETF by 5.1% during the 1st quarter. AQR Capital Management LLC now owns 8,402 shares of the exchange traded fund’s stock worth $301,000 after buying an additional 406 shares during the last quarter. NewEdge Advisors LLC grew its holdings in shares of iShares China Large-Cap ETF by 22.5% in the 1st quarter. NewEdge Advisors LLC now owns 29,223 shares of the exchange traded fund’s stock valued at $1,047,000 after acquiring an additional 5,362 shares in the last quarter. Jones Financial Companies Lllp grew its holdings in shares of iShares China Large-Cap ETF by 46.2% in the 1st quarter. Jones Financial Companies Lllp now owns 4,547 shares of the exchange traded fund’s stock valued at $163,000 after acquiring an additional 1,437 shares in the last quarter. Finally, Walleye Capital LLC acquired a new stake in shares of iShares China Large-Cap ETF in the second quarter valued at about $489,000.

About iShares China Large-Cap ETF

iShares China Large-Cap ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the FTSE China 25 Index (the Underlying Index). The Fund’s portfolio of sectors include Financials, Telecommunication, Oil & gas, Technology and Consumer goods. The underlying Index is designed to represent the performance of the companies in the Chinese equity market, which are available to the international investors.