GM Advisory Group LLC Grows Stake in iShares China Large-Cap ETF (NYSEARCA:FXI)

GM Advisory Group LLC lifted its stake in shares of iShares China Large-Cap ETF (NYSEARCA:FXI) by 69.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 77,518 shares of the exchange traded fund’s stock after purchasing an additional 31,653 shares during the period. GM Advisory Group LLC’s holdings in iShares China Large-Cap ETF were worth $2,360,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. BlackDiamond Wealth Management LLC purchased a new stake in iShares China Large-Cap ETF during the 4th quarter valued at about $217,000. Commonwealth Equity Services LLC grew its stake in iShares China Large-Cap ETF by 494.1% during the 4th quarter. Commonwealth Equity Services LLC now owns 136,970 shares of the exchange traded fund’s stock valued at $4,169,000 after acquiring an additional 113,916 shares in the last quarter. Appaloosa LP grew its stake in iShares China Large-Cap ETF by 13.7% during the 4th quarter. Appaloosa LP now owns 6,637,128 shares of the exchange traded fund’s stock valued at $202,034,000 after acquiring an additional 802,128 shares in the last quarter. Avantax Advisory Services Inc. purchased a new stake in iShares China Large-Cap ETF during the 4th quarter valued at about $1,330,000. Finally, Glaxis Capital Management LLC purchased a new stake in iShares China Large-Cap ETF during the 4th quarter valued at about $913,000.

iShares China Large-Cap ETF Trading Down 0.2 %

Shares of NYSEARCA FXI opened at $38.49 on Wednesday. iShares China Large-Cap ETF has a 12-month low of $23.58 and a 12-month high of $38.83. The stock has a market cap of $8.28 billion, a PE ratio of 10.75 and a beta of 0.33. The company has a 50-day moving average of $33.53 and a 200 day moving average of $31.56.

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.