Investors Purchase High Volume of Call Options on iShares China Large-Cap ETF (NYSEARCA:FXI)

iShares China Large-Cap ETF (NYSEARCA:FXI) was the target of some unusual options trading on Wednesday. Stock traders acquired 471,766 call options on the company. This represents an increase of approximately 168% compared to the average daily volume of 175,990 call options.

Hedge Funds Weigh In On iShares China Large-Cap ETF

Large investors have recently made changes to their positions in the company. Total Investment Management Inc. acquired a new stake in shares of iShares China Large-Cap ETF during the 2nd quarter valued at about $25,000. Clearstead Advisors LLC purchased a new position in iShares China Large-Cap ETF in the 4th quarter valued at $25,000. Traub Capital Management LLC acquired a new stake in iShares China Large-Cap ETF during the 2nd quarter worth $28,000. Elevation Point Wealth Partners LLC acquired a new stake in iShares China Large-Cap ETF during the 2nd quarter worth $31,000. Finally, Allworth Financial LP raised its position in shares of iShares China Large-Cap ETF by 1,066.7% in the second quarter. Allworth Financial LP now owns 875 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 800 shares during the last quarter.

iShares China Large-Cap ETF Stock Performance

iShares China Large-Cap ETF stock traded down $0.06 during midday trading on Wednesday, hitting $39.47. 28,637,171 shares of the company were exchanged, compared to its average volume of 35,818,781. The business has a fifty day simple moving average of $39.19 and a two-hundred day simple moving average of $39.46. The firm has a market capitalization of $6.58 billion, a PE ratio of 10.78 and a beta of 0.28. iShares China Large-Cap ETF has a fifty-two week low of $29.20 and a fifty-two week high of $42.00.

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.