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

iShares China Large-Cap ETF (NYSEARCA:FXI) was the target of some unusual options trading on Thursday. Stock investors purchased 196,159 put options on the stock. This is an increase of approximately 67% compared to the average daily volume of 117,245 put options.

iShares China Large-Cap ETF Stock Performance

Shares of FXI traded up $0.25 during trading hours on Thursday, hitting $34.53. 19,815,375 shares of the stock were exchanged, compared to its average volume of 31,501,688. iShares China Large-Cap ETF has a 12-month low of $31.19 and a 12-month high of $42.00. The company has a market cap of $4.53 billion, a price-to-earnings ratio of 10.78 and a beta of 0.32. The stock’s 50-day moving average price is $34.54 and its two-hundred day moving average price is $36.58.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Brighton Jones LLC purchased a new stake in iShares China Large-Cap ETF in the fourth quarter valued at approximately $240,000. AQR Capital Management LLC raised its stake in shares of iShares China Large-Cap ETF by 5.1% during the 1st quarter. AQR Capital Management LLC now owns 8,402 shares of the exchange traded fund’s stock worth $301,000 after buying an additional 406 shares during the last quarter. NewEdge Advisors LLC increased its position in iShares China Large-Cap ETF by 22.5% during the first quarter. NewEdge Advisors LLC now owns 29,223 shares of the exchange traded fund’s stock worth $1,047,000 after buying an additional 5,362 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in iShares China Large-Cap ETF by 46.2% in the 1st quarter. Jones Financial Companies Lllp now owns 4,547 shares of the exchange traded fund’s stock valued at $163,000 after acquiring an additional 1,437 shares during the last quarter. Finally, Walleye Capital LLC purchased a new position in iShares China Large-Cap ETF during the second quarter worth about $489,000.

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