Optiver Holding B.V. Decreases Position in iShares China Large-Cap ETF $FXI

Optiver Holding B.V. lowered its stake in shares of iShares China Large-Cap ETF (NYSEARCA:FXI) by 86.3% during the first quarter, Holdings Channel reports. The fund owned 83,447 shares of the exchange traded fund’s stock after selling 524,454 shares during the period. Optiver Holding B.V.’s holdings in iShares China Large-Cap ETF were worth $2,995,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. Bank of America Corp DE raised its stake in shares of iShares China Large-Cap ETF by 12.1% in the first quarter. Bank of America Corp DE now owns 15,268,671 shares of the exchange traded fund’s stock valued at $548,145,000 after acquiring an additional 1,646,722 shares in the last quarter. Rafferty Asset Management LLC grew its stake in iShares China Large-Cap ETF by 2.6% during the 4th quarter. Rafferty Asset Management LLC now owns 13,660,513 shares of the exchange traded fund’s stock worth $523,061,000 after purchasing an additional 340,016 shares in the last quarter. Nearwater Capital Markets Ltd grew its stake in iShares China Large-Cap ETF by 196.3% during the 4th 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 in the last quarter. Spear Holdings RSC Ltd purchased a new stake in iShares China Large-Cap ETF during the 1st quarter worth about $66,226,000. Finally, PBCay One RSC Ltd purchased a new stake in iShares China Large-Cap ETF during the 1st quarter worth about $66,226,000.

iShares China Large-Cap ETF Price Performance

FXI stock opened at $36.50 on Friday. The firm has a market capitalization of $4.35 billion, a P/E ratio of 10.78 and a beta of 0.32. The business’s 50-day moving average is $34.16 and its two-hundred day moving average is $36.26. iShares China Large-Cap ETF has a 1 year low of $31.19 and a 1 year high of $42.00.

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. The underlying Index is designed to represent the performance of the companies in the Chinese equity market, which are available to the international investors.