Lido Advisors LLC lessened its position in shares of iShares China Large-Cap ETF (NYSEARCA:FXI – Free Report) by 59.1% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,136 shares of the exchange traded fund’s stock after selling 14,640 shares during the period. Lido Advisors LLC’s holdings in iShares China Large-Cap ETF were worth $364,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Nearwater Capital Markets Ltd increased its stake in shares of iShares China Large-Cap ETF by 196.3% during the fourth quarter. Nearwater Capital Markets Ltd now owns 2,785,000 shares of the exchange traded fund’s stock worth $106,638,000 after purchasing an additional 1,845,000 shares during the period. Renaissance Technologies LLC boosted its stake in iShares China Large-Cap ETF by 315.5% in the 4th quarter. Renaissance Technologies LLC now owns 1,225,700 shares of the exchange traded fund’s stock valued at $46,932,000 after purchasing an additional 930,700 shares during the period. Nipun Capital L.P. grew its holdings in iShares China Large-Cap ETF by 123.5% in the 4th quarter. Nipun Capital L.P. now owns 1,203,450 shares of the exchange traded fund’s stock valued at $46,080,000 after buying an additional 665,000 shares in the last quarter. Capitolis Liquid Global Markets LLC grew its holdings in iShares China Large-Cap ETF by 89.7% in the 4th quarter. Capitolis Liquid Global Markets LLC now owns 1,324,000 shares of the exchange traded fund’s stock valued at $50,696,000 after buying an additional 626,000 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its position in iShares China Large-Cap ETF by 5,232.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 591,483 shares of the exchange traded fund’s stock worth $22,648,000 after buying an additional 580,390 shares during the period.
iShares China Large-Cap ETF Price Performance
FXI stock opened at $36.50 on Friday. iShares China Large-Cap ETF has a fifty-two week low of $31.19 and a fifty-two week high of $42.00. The stock has a market capitalization of $4.35 billion, a price-to-earnings ratio of 10.78 and a beta of 0.32. The business’s fifty day moving average price is $34.16 and its two-hundred day moving average price is $36.26.
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. 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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