Everstar Asset Management LLC Buys 2,055 Shares of iShares China Large-Cap ETF (NYSEARCA:FXI)

Everstar Asset Management LLC grew its stake in iShares China Large-Cap ETF (NYSEARCA:FXI) by 29.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,071 shares of the exchange traded fund’s stock after purchasing an additional 2,055 shares during the quarter. Everstar Asset Management LLC’s holdings in iShares China Large-Cap ETF were worth $276,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of FXI. Toronto Dominion Bank raised its position in iShares China Large-Cap ETF by 61,218.3% during the third quarter. Toronto Dominion Bank now owns 2,943,278 shares of the exchange traded fund’s stock valued at $93,537,000 after purchasing an additional 2,938,478 shares in the last quarter. Assetmark Inc. acquired a new position in shares of iShares China Large-Cap ETF during the 4th quarter worth $52,399,000. SG Americas Securities LLC lifted its position in shares of iShares China Large-Cap ETF by 25.2% during the 4th quarter. SG Americas Securities LLC now owns 4,193,345 shares of the exchange traded fund’s stock worth $127,645,000 after buying an additional 844,237 shares during the last quarter. Appaloosa LP boosted its stake in iShares China Large-Cap ETF by 13.7% in the fourth quarter. Appaloosa LP now owns 6,637,128 shares of the exchange traded fund’s stock valued at $202,034,000 after buying an additional 802,128 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new position in iShares China Large-Cap ETF in the fourth quarter valued at about $19,493,000.

iShares China Large-Cap ETF Stock Performance

Shares of iShares China Large-Cap ETF stock opened at $35.84 on Tuesday. The firm’s 50 day moving average is $34.80 and its 200 day moving average is $32.24. The firm has a market capitalization of $7.71 billion, a PE ratio of 10.75 and a beta of 0.33. iShares China Large-Cap ETF has a 1 year low of $23.62 and a 1 year high of $38.73.

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.