BlueCrest Capital Management Ltd bought a new stake in shares of iShares China Large-Cap ETF (NYSEARCA:FXI – Free Report) during the third quarter, Holdings Channel reports. The fund bought 27,000 shares of the exchange traded fund’s stock, valued at approximately $1,111,000.
Several other hedge funds have also recently modified their holdings of FXI. JPMorgan Chase & Co. increased its holdings in iShares China Large-Cap ETF by 276.1% during the third quarter. JPMorgan Chase & Co. now owns 4,266,142 shares of the exchange traded fund’s stock valued at $175,509,000 after buying an additional 3,131,897 shares during the period. Qube Research & Technologies Ltd raised its stake in iShares China Large-Cap ETF by 57.1% in the second quarter. Qube Research & Technologies Ltd now owns 5,674,694 shares of the exchange traded fund’s stock worth $208,602,000 after buying an additional 2,063,028 shares in the last quarter. Natixis lifted its holdings in iShares China Large-Cap ETF by 63.3% during the second quarter. Natixis now owns 4,976,144 shares of the exchange traded fund’s stock worth $182,923,000 after buying an additional 1,928,592 shares during the period. Clal Insurance Enterprises Holdings Ltd lifted its holdings in iShares China Large-Cap ETF by 48.7% during the third quarter. Clal Insurance Enterprises Holdings Ltd now owns 4,430,000 shares of the exchange traded fund’s stock worth $182,250,000 after buying an additional 1,450,000 shares during the period. Finally, Spear Holdings RSC Ltd boosted its position in iShares China Large-Cap ETF by 25.7% during the 3rd quarter. Spear Holdings RSC Ltd now owns 6,461,482 shares of the exchange traded fund’s stock valued at $265,825,000 after acquiring an additional 1,320,667 shares in the last quarter.
iShares China Large-Cap ETF Trading Up 0.2%
Shares of NYSEARCA:FXI opened at $36.24 on Friday. iShares China Large-Cap ETF has a 12-month low of $29.20 and a 12-month high of $42.00. The business’s fifty day simple moving average is $38.59 and its 200-day simple moving average is $39.34. The company has a market capitalization of $6.04 billion, a PE ratio of 10.78 and a beta of 0.28.
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.
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