Pekin Hardy Strauss Inc. raised its stake in shares of iShares China Large-Cap ETF (NYSEARCA:FXI – Free Report) by 65.5% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 43,830 shares of the exchange traded fund’s stock after purchasing an additional 17,350 shares during the period. Pekin Hardy Strauss Inc.’s holdings in iShares China Large-Cap ETF were worth $1,393,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also bought and sold shares of FXI. M&R Capital Management Inc. purchased a new position in shares of iShares China Large-Cap ETF during the 3rd quarter valued at about $32,000. ORG Partners LLC bought a new stake in iShares China Large-Cap ETF during the 3rd quarter worth approximately $32,000. Asset Dedication LLC purchased a new position in iShares China Large-Cap ETF during the second quarter valued at approximately $39,000. Ashton Thomas Private Wealth LLC purchased a new position in iShares China Large-Cap ETF during the second quarter valued at approximately $39,000. Finally, Centennial Bank AR bought a new position in shares of iShares China Large-Cap ETF in the third quarter worth approximately $48,000.
iShares China Large-Cap ETF Price Performance
Shares of FXI stock opened at $29.69 on Friday. iShares China Large-Cap ETF has a one year low of $20.86 and a one year high of $37.50. The company’s fifty day moving average price is $31.33 and its 200-day moving average price is $28.17. The company has a market capitalization of $5.35 billion, a price-to-earnings ratio of 8.31 and a beta of 0.99.
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.
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Want to see what other hedge funds are holding FXI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares China Large-Cap ETF (NYSEARCA:FXI – Free Report).
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