Waterloo Capital L.P. Purchases 72,033 Shares of iShares China Large-Cap ETF $FXI

Waterloo Capital L.P. grew its holdings in shares of iShares China Large-Cap ETF (NYSEARCA:FXI) by 72.2% in the third quarter, Holdings Channel.com reports. The firm owned 171,779 shares of the exchange traded fund’s stock after buying an additional 72,033 shares during the period. Waterloo Capital L.P.’s holdings in iShares China Large-Cap ETF were worth $7,067,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Total Investment Management Inc. purchased a new stake in shares of iShares China Large-Cap ETF during the 2nd quarter valued at approximately $25,000. Traub Capital Management LLC purchased a new stake in shares of iShares China Large-Cap ETF during the second quarter worth $28,000. Elevation Point Wealth Partners LLC purchased a new stake in shares of iShares China Large-Cap ETF during the second quarter worth $31,000. Allworth Financial LP boosted its holdings 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 worth $32,000 after acquiring an additional 800 shares during the period. Finally, Bessemer Group Inc. grew its position in shares of iShares China Large-Cap ETF by 31.3% in the third quarter. Bessemer Group Inc. now owns 2,104 shares of the exchange traded fund’s stock valued at $86,000 after purchasing an additional 501 shares in the last quarter.

iShares China Large-Cap ETF Stock Performance

NYSEARCA:FXI opened at $38.20 on Friday. The business’s fifty day moving average is $39.20 and its 200 day moving average is $39.43. The firm has a market cap of $6.37 billion, a price-to-earnings ratio of 10.78 and a beta of 0.28. iShares China Large-Cap ETF has a 52-week low of $29.20 and a 52-week 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.