Rovida Advisors Inc. Purchases Shares of 125,000 iShares China Large-Cap ETF $FXI

Rovida Advisors Inc. acquired a new stake in shares of iShares China Large-Cap ETF (NYSEARCA:FXI) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 125,000 shares of the exchange traded fund’s stock, valued at approximately $4,594,000. iShares China Large-Cap ETF accounts for 0.8% of Rovida Advisors Inc.’s investment portfolio, making the stock its 16th largest position. Rovida Advisors Inc. owned about 0.07% of iShares China Large-Cap ETF at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of FXI. Prospera Financial Services Inc lifted its holdings in shares of iShares China Large-Cap ETF by 14.1% during the 2nd quarter. Prospera Financial Services Inc now owns 74,061 shares of the exchange traded fund’s stock worth $2,722,000 after acquiring an additional 9,161 shares during the period. Baldwin Wealth Partners LLC MA acquired a new position in iShares China Large-Cap ETF in the second quarter worth about $202,000. Cypress Capital Group lifted its stake in iShares China Large-Cap ETF by 107.9% during the second quarter. Cypress Capital Group now owns 59,835 shares of the exchange traded fund’s stock worth $2,200,000 after purchasing an additional 31,055 shares during the period. Cullen Frost Bankers Inc. acquired a new stake in iShares China Large-Cap ETF during the second quarter valued at approximately $95,000. Finally, Allianz Asset Management GmbH grew its stake in shares of iShares China Large-Cap ETF by 15.4% in the 2nd quarter. Allianz Asset Management GmbH now owns 493,500 shares of the exchange traded fund’s stock valued at $18,141,000 after purchasing an additional 65,700 shares during the period.

iShares China Large-Cap ETF Stock Performance

Shares of NYSEARCA FXI opened at $40.76 on Wednesday. The business has a fifty day moving average of $40.33 and a two-hundred day moving average of $38.08. iShares China Large-Cap ETF has a 52-week low of $28.41 and a 52-week high of $42.00. The stock has a market cap of $6.88 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.