iShares China Large-Cap ETF (NYSEARCA:FXI) Hits New 12-Month Low – Time to Sell?

iShares China Large-Cap ETF (NYSEARCA:FXI)’s stock price reached a new 52-week low during trading on Thursday . The stock traded as low as $34.64 and last traded at $34.65, with a volume of 2804705 shares traded. The stock had previously closed at $35.32.

iShares China Large-Cap ETF Stock Up 0.2%

The firm’s 50-day moving average price is $36.26 and its 200 day moving average price is $37.90. The company has a market capitalization of $5.79 billion, a P/E ratio of 10.78 and a beta of 0.32.

Institutional Investors Weigh In On iShares China Large-Cap ETF

Several institutional investors have recently bought and sold shares of FXI. Jefferies Financial Group Inc. grew its stake in shares of iShares China Large-Cap ETF by 3.5% during the 3rd quarter. Jefferies Financial Group Inc. now owns 9,138 shares of the exchange traded fund’s stock worth $376,000 after acquiring an additional 312 shares during the period. Wilmington Savings Fund Society FSB boosted its holdings in iShares China Large-Cap ETF by 7.3% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 4,724 shares of the exchange traded fund’s stock worth $194,000 after buying an additional 321 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in iShares China Large-Cap ETF by 2.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 11,417 shares of the exchange traded fund’s stock worth $437,000 after buying an additional 324 shares during the period. Savvy Advisors Inc. boosted its holdings in iShares China Large-Cap ETF by 4.1% in the 4th quarter. Savvy Advisors Inc. now owns 8,784 shares of the exchange traded fund’s stock worth $336,000 after buying an additional 346 shares during the period. Finally, Allworth Financial LP boosted its holdings in iShares China Large-Cap ETF by 41.3% in the 4th quarter. Allworth Financial LP now owns 1,320 shares of the exchange traded fund’s stock worth $51,000 after buying an additional 386 shares during the period.

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.