PBCay One RSC Ltd Takes Position in iShares China Large-Cap ETF $FXI

PBCay One RSC Ltd purchased a new position in iShares China Large-Cap ETF (NYSEARCA:FXI) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 1,844,722 shares of the exchange traded fund’s stock, valued at approximately $66,226,000. iShares China Large-Cap ETF accounts for about 4.9% of PBCay One RSC Ltd’s investment portfolio, making the stock its 8th largest position. PBCay One RSC Ltd owned about 1.12% of iShares China Large-Cap ETF at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Group One Trading LLC raised its holdings in iShares China Large-Cap ETF by 13.2% during the 1st quarter. Group One Trading LLC now owns 371,956 shares of the exchange traded fund’s stock valued at $13,353,000 after buying an additional 43,356 shares during the last quarter. Levin Capital Strategies L.P. bought a new stake in shares of iShares China Large-Cap ETF in the first quarter worth about $291,000. PNC Financial Services Group Inc. grew its stake in shares of iShares China Large-Cap ETF by 109.9% in the first quarter. PNC Financial Services Group Inc. now owns 5,612 shares of the exchange traded fund’s stock worth $201,000 after purchasing an additional 2,938 shares during the last quarter. Parallel Advisors LLC increased its holdings in iShares China Large-Cap ETF by 6.1% during the 1st quarter. Parallel Advisors LLC now owns 7,927 shares of the exchange traded fund’s stock valued at $285,000 after purchasing an additional 453 shares during the period. Finally, Dorsey Wright & Associates purchased a new position in iShares China Large-Cap ETF during the 1st quarter valued at about $510,000.

iShares China Large-Cap ETF Price Performance

FXI opened at $34.46 on Friday. iShares China Large-Cap ETF has a one year low of $31.19 and a one year high of $42.00. The business has a 50 day simple moving average of $34.19 and a two-hundred day simple moving average of $36.40. The firm has a market capitalization of $4.16 billion, a price-to-earnings ratio of 10.78 and a beta of 0.32.

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