Spear Holdings RSC Ltd Buys Shares of 5,140,815 iShares China Large-Cap ETF $FXI

Spear Holdings RSC Ltd bought a new stake in shares of iShares China Large-Cap ETF (NYSEARCA:FXI) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 5,140,815 shares of the exchange traded fund’s stock, valued at approximately $188,976,000. iShares China Large-Cap ETF accounts for 13.8% of Spear Holdings RSC Ltd’s holdings, making the stock its largest holding. Spear Holdings RSC Ltd owned about 3.04% of iShares China Large-Cap ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of FXI. NBC Securities Inc. bought a new stake in shares of iShares China Large-Cap ETF during the first quarter valued at approximately $25,000. Berbice Capital Management LLC bought a new stake in shares of iShares China Large-Cap ETF during the first quarter valued at approximately $29,000. ORG Partners LLC raised its stake in shares of iShares China Large-Cap ETF by 100.0% during the second quarter. ORG Partners LLC now owns 1,000 shares of the exchange traded fund’s stock valued at $37,000 after acquiring an additional 500 shares in the last quarter. Chung Wu Investment Group LLC bought a new stake in shares of iShares China Large-Cap ETF during the second quarter valued at approximately $37,000. Finally, BOCHK Asset Management Ltd bought a new stake in shares of iShares China Large-Cap ETF during the first quarter valued at approximately $54,000.

iShares China Large-Cap ETF Stock Performance

iShares China Large-Cap ETF stock opened at $41.40 on Tuesday. The company has a 50 day moving average price of $39.34 and a 200-day moving average price of $36.85. iShares China Large-Cap ETF has a fifty-two week low of $28.41 and a fifty-two week high of $42.00. The company has a market capitalization of $7.07 billion, a PE ratio of 10.78 and a beta of 0.44.

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.