IFG Advisory LLC Has $211,000 Stake in iShares China Large-Cap ETF $FXI

IFG Advisory LLC lowered its holdings in iShares China Large-Cap ETF (NYSEARCA:FXI) by 73.3% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 5,507 shares of the exchange traded fund’s stock after selling 15,120 shares during the period. IFG Advisory LLC’s holdings in iShares China Large-Cap ETF were worth $211,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in FXI. JPMorgan Chase & Co. grew its holdings in iShares China Large-Cap ETF by 276.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,266,142 shares of the exchange traded fund’s stock valued at $175,509,000 after buying an additional 3,131,897 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd grew its holdings in iShares China Large-Cap ETF by 48.7% in the 3rd quarter. Clal Insurance Enterprises Holdings Ltd now owns 4,430,000 shares of the exchange traded fund’s stock valued at $182,250,000 after buying an additional 1,450,000 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in iShares China Large-Cap ETF by 5,232.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 591,483 shares of the exchange traded fund’s stock valued at $22,648,000 after buying an additional 580,390 shares during the last quarter. SG Americas Securities LLC grew its holdings in 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 buying an additional 533,705 shares during the last quarter. Finally, City of London Investment Management Co. Ltd. grew its holdings in iShares China Large-Cap ETF by 78.5% in the 3rd quarter. City of London Investment Management Co. Ltd. now owns 993,861 shares of the exchange traded fund’s stock valued at $40,887,000 after buying an additional 437,190 shares during the last quarter.

iShares China Large-Cap ETF Stock Up 0.8%

FXI opened at $35.34 on Tuesday. The firm has a market capitalization of $5.84 billion, a P/E ratio of 10.78 and a beta of 0.32. The stock’s 50 day moving average price is $36.24 and its two-hundred day moving average price is $37.84. iShares China Large-Cap ETF has a 12-month low of $34.63 and a 12-month 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.