ABC Arbitrage SA Lowers Position in iShares China Large-Cap ETF $FXI

ABC Arbitrage SA lowered its holdings in iShares China Large-Cap ETF (NYSEARCA:FXI) by 10.9% during the 4th quarter, HoldingsChannel.com reports. The fund owned 362,554 shares of the exchange traded fund’s stock after selling 44,553 shares during the quarter. iShares China Large-Cap ETF accounts for approximately 1.3% of ABC Arbitrage SA’s investment portfolio, making the stock its 22nd largest holding. ABC Arbitrage SA’s holdings in iShares China Large-Cap ETF were worth $13,882,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. JPMorgan Chase & Co. raised its stake in iShares China Large-Cap ETF by 276.1% in the third quarter. JPMorgan Chase & Co. now owns 4,266,142 shares of the exchange traded fund’s stock valued at $175,509,000 after purchasing an additional 3,131,897 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd boosted its stake in iShares China Large-Cap ETF by 48.7% in the third quarter. Clal Insurance Enterprises Holdings Ltd now owns 4,430,000 shares of the exchange traded fund’s stock worth $182,250,000 after buying an additional 1,450,000 shares in the last quarter. Spear Holdings RSC Ltd grew its holdings in shares of iShares China Large-Cap ETF by 25.7% during the 3rd quarter. Spear Holdings RSC Ltd now owns 6,461,482 shares of the exchange traded fund’s stock valued at $265,825,000 after purchasing an additional 1,320,667 shares during the last quarter. SG Americas Securities LLC lifted its stake in shares of iShares China Large-Cap ETF by 110.7% in the 4th quarter. SG Americas Securities LLC now owns 1,015,746 shares of the exchange traded fund’s stock valued at $38,893,000 after acquiring an additional 533,705 shares during the last quarter. Finally, City of London Investment Management Co. Ltd. increased its stake in shares of iShares China Large-Cap ETF by 78.5% in the third quarter. City of London Investment Management Co. Ltd. now owns 993,861 shares of the exchange traded fund’s stock worth $40,887,000 after buying an additional 437,190 shares during the period.

iShares China Large-Cap ETF Stock Up 0.6%

NYSEARCA:FXI opened at $37.47 on Tuesday. iShares China Large-Cap ETF has a twelve month low of $34.77 and a twelve month high of $42.00. The firm’s fifty day simple moving average is $36.34 and its 200 day simple moving average is $38.28. The stock has a market cap of $6.19 billion, a P/E ratio of 10.78 and a beta of 0.32.

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. The underlying Index is designed to represent the performance of the companies in the Chinese equity market, which are available to the international investors.