Traders Purchase Large Volume of iShares China Large-Cap ETF Put Options (NYSEARCA:FXI)

iShares China Large-Cap ETF (NYSEARCA:FXI) was the target of some unusual options trading on Thursday. Traders purchased 301,440 put options on the company. This represents an increase of 75% compared to the average daily volume of 172,010 put options.

iShares China Large-Cap ETF Stock Down 0.1%

NYSEARCA:FXI opened at $39.44 on Friday. The company 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 52-week low of $29.20 and a 52-week high of $42.00. The stock’s 50 day moving average price is $39.17 and its 200 day moving average price is $39.28.

Hedge Funds Weigh In On iShares China Large-Cap ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Jefferies Financial Group Inc. boosted its stake in iShares China Large-Cap ETF by 3.5% in the third quarter. Jefferies Financial Group Inc. now owns 9,138 shares of the exchange traded fund’s stock valued at $376,000 after acquiring an additional 312 shares during the period. Wilmington Savings Fund Society FSB boosted its position in iShares China Large-Cap ETF by 7.3% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 4,724 shares of the exchange traded fund’s stock valued at $194,000 after purchasing an additional 321 shares during the period. Savvy Advisors Inc. grew its stake in iShares China Large-Cap ETF by 4.1% during the 4th quarter. Savvy Advisors Inc. now owns 8,784 shares of the exchange traded fund’s stock worth $336,000 after buying an additional 346 shares during the last quarter. ABLE Financial Group LLC grew its stake in iShares China Large-Cap ETF by 3.8% during the 3rd quarter. ABLE Financial Group LLC now owns 9,553 shares of the exchange traded fund’s stock worth $393,000 after buying an additional 351 shares during the last quarter. Finally, Wedbush Securities Inc. increased its position in iShares China Large-Cap ETF by 4.8% in the second quarter. Wedbush Securities Inc. now owns 8,117 shares of the exchange traded fund’s stock worth $298,000 after buying an additional 369 shares during the period.

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.