Assetmark Inc. Decreases Holdings in iShares China Large-Cap ETF $FXI

Assetmark Inc. trimmed its position in iShares China Large-Cap ETF (NYSEARCA:FXI) by 99.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,623 shares of the exchange traded fund’s stock after selling 1,377,779 shares during the period. Assetmark Inc.’s holdings in iShares China Large-Cap ETF were worth $96,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. ORG Partners LLC boosted its position in shares of iShares China Large-Cap ETF by 100.0% in the 2nd quarter. ORG Partners LLC now owns 1,000 shares of the exchange traded fund’s stock worth $37,000 after purchasing an additional 500 shares in the last quarter. Chung Wu Investment Group LLC acquired a new position in iShares China Large-Cap ETF during the 2nd quarter valued at about $37,000. HHM Wealth Advisors LLC purchased a new stake in iShares China Large-Cap ETF in the first quarter valued at about $54,000. PNC Financial Services Group Inc. raised its stake in iShares China Large-Cap ETF by 22.2% in the first quarter. PNC Financial Services Group Inc. now owns 1,650 shares of the exchange traded fund’s stock valued at $59,000 after buying an additional 300 shares during the last quarter. Finally, Coppell Advisory Solutions LLC acquired a new stake in iShares China Large-Cap ETF in the first quarter worth about $77,000.

iShares China Large-Cap ETF Stock Performance

Shares of FXI stock opened at $39.94 on Monday. iShares China Large-Cap ETF has a fifty-two week low of $28.41 and a fifty-two week high of $42.00. The firm has a market capitalization of $6.75 billion, a price-to-earnings ratio of 10.78 and a beta of 0.28. The stock’s 50-day simple moving average is $40.26 and its 200-day simple moving average is $37.99.

iShares China Large-Cap ETF 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.