MKP Capital Management L.L.C. Makes New Investment in iShares China Large-Cap ETF (NYSEARCA:FXI)

MKP Capital Management L.L.C. bought a new stake in iShares China Large-Cap ETF (NYSEARCA:FXI) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 93,100 shares of the exchange traded fund’s stock, valued at approximately $2,834,000. iShares China Large-Cap ETF makes up approximately 0.1% of MKP Capital Management L.L.C.’s holdings, making the stock its 4th biggest holding. MKP Capital Management L.L.C. owned 0.05% of iShares China Large-Cap ETF as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Ping Capital Management Inc. raised its stake in iShares China Large-Cap ETF by 61.6% during the fourth quarter. Ping Capital Management Inc. now owns 164,000 shares of the exchange traded fund’s stock worth $4,992,000 after acquiring an additional 62,500 shares in the last quarter. Spire Wealth Management increased its position in iShares China Large-Cap ETF by 121.4% during the 4th quarter. Spire Wealth Management now owns 28,555 shares of the exchange traded fund’s stock worth $869,000 after purchasing an additional 15,657 shares in the last quarter. Cibc World Market Inc. lifted its stake in iShares China Large-Cap ETF by 61.8% in the 4th quarter. Cibc World Market Inc. now owns 673,476 shares of the exchange traded fund’s stock valued at $20,501,000 after purchasing an additional 257,268 shares during the last quarter. Prospect Financial Services LLC boosted its position in iShares China Large-Cap ETF by 20.6% in the fourth quarter. Prospect Financial Services LLC now owns 8,060 shares of the exchange traded fund’s stock valued at $245,000 after buying an additional 1,374 shares in the last quarter. Finally, Forte Asset Management LLC bought a new stake in shares of iShares China Large-Cap ETF during the fourth quarter worth $1,812,000.

iShares China Large-Cap ETF Stock Performance

Shares of FXI opened at $32.47 on Wednesday. iShares China Large-Cap ETF has a 52 week low of $21.54 and a 52 week high of $37.50. The stock has a market capitalization of $5.85 billion, a price-to-earnings ratio of 8.31 and a beta of 0.99. The stock has a fifty day moving average of $30.68 and a 200-day moving average of $29.52.

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.