SG Americas Securities LLC Sells 1,654,713 Shares of iShares China Large-Cap ETF $FXI

SG Americas Securities LLC decreased its holdings in iShares China Large-Cap ETF (NYSEARCA:FXI) by 55.6% in the 2nd quarter, Holdings Channel.com reports. The firm owned 1,320,330 shares of the exchange traded fund’s stock after selling 1,654,713 shares during the period. SG Americas Securities LLC’s holdings in iShares China Large-Cap ETF were worth $48,535,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Allworth Financial LP boosted its position in shares of iShares China Large-Cap ETF by 1,066.7% in the second quarter. Allworth Financial LP now owns 875 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 800 shares during the period. ORG Partners LLC increased its holdings in iShares China Large-Cap ETF by 100.0% during the 2nd quarter. ORG Partners LLC now owns 1,000 shares of the exchange traded fund’s stock worth $37,000 after acquiring an additional 500 shares during the period. Chung Wu Investment Group LLC purchased a new stake in iShares China Large-Cap ETF in the 2nd quarter worth approximately $37,000. HHM Wealth Advisors LLC bought a new position in iShares China Large-Cap ETF in the 1st quarter valued at $54,000. Finally, PNC Financial Services Group Inc. grew its position in shares of iShares China Large-Cap ETF by 22.2% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,650 shares of the exchange traded fund’s stock valued at $59,000 after purchasing an additional 300 shares in the last quarter.

iShares China Large-Cap ETF Trading Down 1.3%

Shares of NYSEARCA FXI opened at $40.12 on Friday. iShares China Large-Cap ETF has a 12 month low of $28.41 and a 12 month high of $42.00. The firm has a market capitalization of $6.78 billion, a price-to-earnings ratio of 10.78 and a beta of 0.28. The business has a 50-day moving average of $40.44 and a 200-day moving average of $38.16.

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.