iShares China Large-Cap ETF Target of Unusually High Options Trading (NYSEARCA:FXI)

iShares China Large-Cap ETF (NYSEARCA:FXI) was the target of some unusual options trading on Thursday. Stock traders acquired 353,002 call options on the stock. This represents an increase of approximately 173% compared to the typical volume of 129,502 call options.

Hedge Funds Weigh In On iShares China Large-Cap ETF

Large investors have recently made changes to their positions in the company. Clearstead Advisors LLC purchased a new stake in shares of iShares China Large-Cap ETF in the fourth quarter worth approximately $25,000. Van Den Berg Management I Inc. purchased a new position in iShares China Large-Cap ETF in the 4th quarter worth about $27,000. International Assets Investment Management LLC purchased a new position in shares of iShares China Large-Cap ETF during the fourth quarter worth approximately $32,000. Steward Partners Investment Advisory LLC grew its stake in iShares China Large-Cap ETF by 333.5% in the fourth 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 purchased a new position in shares of iShares China Large-Cap ETF during the third quarter valued at $44,000.

iShares China Large-Cap ETF Price Performance

Shares of NYSEARCA FXI traded down $0.15 during midday trading on Thursday, reaching $37.34. 17,861,074 shares of the stock traded hands, compared to its average volume of 32,565,047. The company’s 50 day moving average is $36.38 and its 200 day moving average is $38.34. iShares China Large-Cap ETF has a one year low of $34.73 and a one year high of $42.00. The stock has a market capitalization of $6.17 billion, a PE ratio of 10.78 and a beta of 0.32.

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.