iShares China Large-Cap ETF (NYSEARCA:FXI – Get Free Report) shares crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $35.61 and traded as low as $35.47. iShares China Large-Cap ETF shares last traded at $35.54, with a volume of 10,328,115 shares traded.
iShares China Large-Cap ETF Stock Performance
The company has a market capitalization of $4.28 billion, a PE ratio of 10.78 and a beta of 0.31. The stock’s 50 day moving average is $34.68 and its 200 day moving average is $35.59.
Institutional Investors Weigh In On iShares China Large-Cap ETF
Institutional investors have recently made changes to their positions in the stock. Bank of America Corp DE boosted its holdings in shares of iShares China Large-Cap ETF by 12.1% in the first quarter. Bank of America Corp DE now owns 15,268,671 shares of the exchange traded fund’s stock worth $548,145,000 after acquiring an additional 1,646,722 shares during the period. Rafferty Asset Management LLC grew its position in shares of iShares China Large-Cap ETF by 2.6% during the 4th quarter. Rafferty Asset Management LLC now owns 13,660,513 shares of the exchange traded fund’s stock valued at $523,061,000 after purchasing an additional 340,016 shares in the last quarter. Nearwater Capital Markets Ltd grew its position in shares of iShares China Large-Cap ETF by 196.3% during the 4th quarter. Nearwater Capital Markets Ltd now owns 2,785,000 shares of the exchange traded fund’s stock valued at $106,638,000 after purchasing an additional 1,845,000 shares in the last quarter. Spear Holdings RSC Ltd bought a new position in shares of iShares China Large-Cap ETF in the first quarter worth $66,226,000. Finally, PBCay One RSC Ltd bought a new position in shares of iShares China Large-Cap ETF in the first quarter worth $66,226,000.
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.
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