SG Americas Securities LLC Lowers Stock Holdings in iShares China Large-Cap ETF $FXI

SG Americas Securities LLC reduced its position in iShares China Large-Cap ETF (NYSEARCA:FXI) by 63.5% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 482,041 shares of the exchange traded fund’s stock after selling 838,289 shares during the quarter. SG Americas Securities LLC’s holdings in iShares China Large-Cap ETF were worth $19,831,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in FXI. Park Avenue Securities LLC grew its holdings in shares of iShares China Large-Cap ETF by 13.5% in the third quarter. Park Avenue Securities LLC now owns 54,311 shares of the exchange traded fund’s stock valued at $2,234,000 after purchasing an additional 6,464 shares in the last quarter. Cordatus Wealth Management LLC grew its stake in shares of iShares China Large-Cap ETF by 124.1% in the third quarter. Cordatus Wealth Management LLC now owns 12,280 shares of the exchange traded fund’s stock worth $505,000 after acquiring an additional 6,800 shares in the last quarter. Financiere des Professionnels Fonds d investissement inc. grew its stake in shares of iShares China Large-Cap ETF by 105.8% in the third quarter. Financiere des Professionnels Fonds d investissement inc. now owns 267,500 shares of the exchange traded fund’s stock worth $11,005,000 after acquiring an additional 137,500 shares in the last quarter. First City Capital Management Inc. purchased a new stake in shares of iShares China Large-Cap ETF during the third quarter worth $221,000. Finally, Pictet North America Advisors SA raised its stake in shares of iShares China Large-Cap ETF by 134.6% in the third quarter. Pictet North America Advisors SA now owns 27,775 shares of the exchange traded fund’s stock valued at $1,143,000 after acquiring an additional 15,935 shares in the last quarter.

iShares China Large-Cap ETF Trading Up 0.3%

NYSEARCA:FXI opened at $39.40 on Friday. iShares China Large-Cap ETF has a 12-month low of $28.41 and a 12-month high of $42.00. The firm has a market cap of $6.57 billion, a PE ratio of 10.78 and a beta of 0.28. The stock has a fifty day moving average price of $39.29 and a 200 day moving average price of $39.06.

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