First Heartland Consultants Inc. Takes $1.63 Million Position in iShares China Large-Cap ETF (NYSEARCA:FXI)

First Heartland Consultants Inc. acquired a new position in iShares China Large-Cap ETF (NYSEARCA:FXI) in the third quarter, HoldingsChannel reports. The fund acquired 51,283 shares of the exchange traded fund’s stock, valued at approximately $1,630,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in FXI. Janney Montgomery Scott LLC purchased a new stake in shares of iShares China Large-Cap ETF in the 1st quarter worth approximately $605,000. Oppenheimer & Co. Inc. purchased a new position in shares of iShares China Large-Cap ETF in the 1st quarter valued at $343,000. Eagle Bay Advisors LLC bought a new position in shares of iShares China Large-Cap ETF in the 1st quarter worth $68,000. Bessemer Group Inc. lifted its stake in shares of iShares China Large-Cap ETF by 4.7% during the 1st quarter. Bessemer Group Inc. now owns 4,205,585 shares of the exchange traded fund’s stock worth $101,227,000 after purchasing an additional 188,528 shares during the last quarter. Finally, Lake Street Advisors Group LLC bought a new stake in iShares China Large-Cap ETF during the first quarter valued at about $1,068,000.

iShares China Large-Cap ETF Price Performance

iShares China Large-Cap ETF stock traded down $0.99 during trading hours on Tuesday, reaching $30.48. The stock had a trading volume of 16,814,760 shares, compared to its average volume of 47,204,563. iShares China Large-Cap ETF has a 52 week low of $20.86 and a 52 week high of $37.50. The company has a market cap of $5.49 billion, a price-to-earnings ratio of 8.31 and a beta of 0.99. The business’s 50 day moving average price is $30.51 and its 200-day moving average price is $27.95.

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.