City of London Investment Management Co. Ltd. Acquires 437,190 Shares of iShares China Large-Cap ETF $FXI

City of London Investment Management Co. Ltd. boosted its stake in shares of iShares China Large-Cap ETF (NYSEARCA:FXI) by 78.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 993,861 shares of the exchange traded fund’s stock after buying an additional 437,190 shares during the period. iShares China Large-Cap ETF accounts for about 3.0% of City of London Investment Management Co. Ltd.’s investment portfolio, making the stock its 13th biggest holding. City of London Investment Management Co. Ltd.’s holdings in iShares China Large-Cap ETF were worth $40,887,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of FXI. Allie Family Office LLC increased its holdings in shares of iShares China Large-Cap ETF by 131.6% in the 3rd quarter. Allie Family Office LLC now owns 13,710 shares of the exchange traded fund’s stock valued at $564,000 after acquiring an additional 7,790 shares during the period. Ashford Capital Management Inc. lifted its stake in shares of iShares China Large-Cap ETF by 6.9% during the 3rd quarter. Ashford Capital Management Inc. now owns 116,112 shares of the exchange traded fund’s stock worth $4,777,000 after purchasing an additional 7,448 shares during the last quarter. Credit Agricole S A bought a new stake in iShares China Large-Cap ETF during the third quarter valued at about $1,000,000. Raymond James Financial Inc. boosted its position in iShares China Large-Cap ETF by 13.6% during the third quarter. Raymond James Financial Inc. now owns 306,351 shares of the exchange traded fund’s stock valued at $12,603,000 after purchasing an additional 36,731 shares in the last quarter. Finally, Scotia Capital Inc. grew its stake in iShares China Large-Cap ETF by 3.6% in the third quarter. Scotia Capital Inc. now owns 561,307 shares of the exchange traded fund’s stock valued at $23,092,000 after purchasing an additional 19,516 shares during the last quarter.

iShares China Large-Cap ETF Price Performance

FXI opened at $36.24 on Friday. The firm has a market capitalization of $6.04 billion, a PE ratio of 10.78 and a beta of 0.28. The business’s 50-day moving average is $38.59 and its two-hundred day moving average is $39.34. iShares China Large-Cap ETF has a 1 year low of $29.20 and a 1 year high of $42.00.

iShares China Large-Cap ETF 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.