Stock Traders Purchase High Volume of Put Options on iShares China Large-Cap ETF (NYSEARCA:FXI)

iShares China Large-Cap ETF (NYSEARCA:FXI) saw some unusual options trading on Thursday. Investors acquired 449,139 put options on the stock. This represents an increase of 39% compared to the typical volume of 323,101 put options.

iShares China Large-Cap ETF Stock Down 1.1 %

FXI stock traded down $0.32 during midday trading on Thursday, reaching $29.95. The company had a trading volume of 41,030,250 shares, compared to its average volume of 47,479,461. iShares China Large-Cap ETF has a fifty-two week low of $20.86 and a fifty-two week high of $37.50. The stock has a 50 day moving average price of $30.68 and a 200 day moving average price of $28.00. The firm has a market capitalization of $5.40 billion, a PE ratio of 8.31 and a beta of 0.99.

Institutional Investors Weigh In On iShares China Large-Cap ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Flow Traders U.S. LLC acquired a new stake in shares of iShares China Large-Cap ETF in the 3rd quarter valued at $10,695,000. Centric Wealth Management acquired a new position in shares of iShares China Large-Cap ETF in the 3rd quarter valued at approximately $238,000. Infrastructure Capital Advisors LLC bought a new position in shares of iShares China Large-Cap ETF during the third quarter worth about $127,000. Suvretta Capital Management LLC acquired a new position in iShares China Large-Cap ETF during the third quarter worth $7,707,000. Finally, CreativeOne Wealth LLC acquired a new position in shares of iShares China Large-Cap ETF in the third quarter valued at $742,000.

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.