iShares China Large-Cap ETF (NYSEARCA:FXI) Trading Down 8.8% – Time to Sell?

Shares of iShares China Large-Cap ETF (NYSEARCA:FXI) were down 8.8% during mid-day trading on Monday . The stock traded as low as $30.12 and last traded at $29.86. Approximately 87,489,668 shares were traded during mid-day trading, an increase of 82% from the average daily volume of 48,131,156 shares. The stock had previously closed at $32.74.

iShares China Large-Cap ETF Stock Performance

The firm has a market cap of $6.68 billion, a P/E ratio of 10.21 and a beta of 0.28. The stock’s 50-day moving average is $34.97 and its 200 day moving average is $32.53.

Institutional Investors Weigh In On iShares China Large-Cap ETF

Large investors have recently modified their holdings of the business. NBC Securities Inc. acquired a new position in shares of iShares China Large-Cap ETF in the first quarter valued at approximately $25,000. Concourse Financial Group Securities Inc. lifted its position in iShares China Large-Cap ETF by 108.4% in the 4th quarter. Concourse Financial Group Securities Inc. now owns 921 shares of the exchange traded fund’s stock valued at $28,000 after acquiring an additional 479 shares in the last quarter. HM Payson & Co. acquired a new position in iShares China Large-Cap ETF in the 4th quarter worth $30,000. Franklin Resources Inc. acquired a new position in iShares China Large-Cap ETF in the 3rd quarter worth $31,000. Finally, Millstone Evans Group LLC acquired a new position in shares of iShares China Large-Cap ETF during the fourth quarter worth about $48,000.

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.