StoneX Group Inc. acquired a new stake in shares of iShares China Large-Cap ETF (NYSEARCA:FXI – Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 16,216 shares of the exchange traded fund’s stock, valued at approximately $555,000.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE raised its stake in iShares China Large-Cap ETF by 12.1% in the 1st quarter. Bank of America Corp DE now owns 15,268,671 shares of the exchange traded fund’s stock valued at $548,145,000 after purchasing an additional 1,646,722 shares during the last quarter. Spear Holdings RSC Ltd purchased a new stake in shares of iShares China Large-Cap ETF during the first quarter worth about $66,226,000. PBCay One RSC Ltd purchased a new stake in shares of iShares China Large-Cap ETF during the first quarter worth about $66,226,000. Bank of Nova Scotia grew its holdings in shares of iShares China Large-Cap ETF by 199.1% during the first quarter. Bank of Nova Scotia now owns 758,291 shares of the exchange traded fund’s stock worth $27,224,000 after buying an additional 504,739 shares in the last quarter. Finally, Group One Trading LLC raised its position in shares of iShares China Large-Cap ETF by 13.2% in the first quarter. Group One Trading LLC now owns 371,956 shares of the exchange traded fund’s stock valued at $13,353,000 after buying an additional 43,356 shares during the last quarter.
iShares China Large-Cap ETF Price Performance
NYSEARCA:FXI opened at $33.92 on Thursday. The firm has a market cap of $3.89 billion, a PE ratio of 10.08 and a beta of 0.29. The firm has a 50 day simple moving average of $33.99 and a 200-day simple moving average of $35.49. iShares China Large-Cap ETF has a 1-year low of $31.19 and a 1-year high of $41.22.
iShares China Large-Cap ETF Company Profile
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.
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