Lido Advisors LLC reduced its stake in iShares China Large-Cap ETF (NYSEARCA:FXI – Free Report) by 59.1% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 10,136 shares of the exchange traded fund’s stock after selling 14,640 shares during the quarter. Lido Advisors LLC’s holdings in iShares China Large-Cap ETF were worth $364,000 at the end of the most recent reporting period.
A number of other large investors have also added to or reduced their stakes in the stock. Clearstead Advisors LLC bought a new position in iShares China Large-Cap ETF during the 4th quarter worth $25,000. Van Den Berg Management I Inc. bought a new stake in shares of iShares China Large-Cap ETF during the 4th quarter valued at $27,000. International Assets Investment Management LLC acquired a new stake in shares of iShares China Large-Cap ETF during the 4th quarter worth $32,000. Steward Partners Investment Advisory LLC grew its holdings in shares of iShares China Large-Cap ETF by 333.5% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 971 shares of the exchange traded fund’s stock worth $37,000 after purchasing an additional 747 shares in the last quarter. Finally, Banque Cantonale Vaudoise bought a new position in shares of iShares China Large-Cap ETF in the third quarter worth $44,000.
iShares China Large-Cap ETF Stock Down 0.1%
FXI stock opened at $36.50 on Friday. The company has a market cap of $4.35 billion, a PE ratio of 10.78 and a beta of 0.32. The business has a 50-day simple moving average of $34.16 and a 200 day simple moving average of $36.26. iShares China Large-Cap ETF has a 52 week low of $31.19 and a 52 week high of $42.00.
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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