iShares China Large-Cap ETF (NYSEARCA:FXI) Reaches New 1-Year Low – Here’s What Happened

iShares China Large-Cap ETF (NYSEARCA:FXI) shares reached a new 52-week low on Monday . The company traded as low as $31.19 and last traded at $31.68, with a volume of 55629 shares traded. The stock had previously closed at $31.59.

iShares China Large-Cap ETF Trading Up 0.6%

The firm has a 50 day moving average of $35.62 and a two-hundred day moving average of $37.11. The stock has a market capitalization of $5.25 billion, a PE ratio of 10.78 and a beta of 0.30.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. Clearstead Advisors LLC purchased a new stake in shares of iShares China Large-Cap ETF in the 4th quarter worth about $25,000. Van Den Berg Management I Inc. acquired a new stake in iShares China Large-Cap ETF in the 4th quarter valued at about $27,000. International Assets Investment Management LLC purchased a new position in iShares China Large-Cap ETF during the 4th quarter valued at about $32,000. Steward Partners Investment Advisory LLC increased its holdings in iShares China Large-Cap ETF by 333.5% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 971 shares of the exchange traded fund’s stock valued at $37,000 after acquiring an additional 747 shares in the last quarter. Finally, Banque Cantonale Vaudoise purchased a new position in iShares China Large-Cap ETF during the 3rd quarter valued at about $44,000.

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