Allianz Asset Management GmbH Reduces Stock Position in iShares China Large-Cap ETF $FXI

Allianz Asset Management GmbH trimmed its holdings in iShares China Large-Cap ETF (NYSEARCA:FXI) by 36.7% during the third quarter, HoldingsChannel.com reports. The firm owned 312,550 shares of the exchange traded fund’s stock after selling 180,950 shares during the period. Allianz Asset Management GmbH’s holdings in iShares China Large-Cap ETF were worth $12,858,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Brighton Jones LLC bought a new stake in shares of iShares China Large-Cap ETF in the fourth quarter worth $240,000. AQR Capital Management LLC boosted its stake in iShares China Large-Cap ETF by 5.1% during the 1st quarter. AQR Capital Management LLC now owns 8,402 shares of the exchange traded fund’s stock valued at $301,000 after acquiring an additional 406 shares during the last quarter. NewEdge Advisors LLC grew its holdings in iShares China Large-Cap ETF by 22.5% during the 1st quarter. NewEdge Advisors LLC now owns 29,223 shares of the exchange traded fund’s stock worth $1,047,000 after acquiring an additional 5,362 shares in the last quarter. Jones Financial Companies Lllp grew its holdings in iShares China Large-Cap ETF by 46.2% during the 1st quarter. Jones Financial Companies Lllp now owns 4,547 shares of the exchange traded fund’s stock worth $163,000 after acquiring an additional 1,437 shares in the last quarter. Finally, Baldwin Wealth Partners LLC MA bought a new stake in shares of iShares China Large-Cap ETF in the 2nd quarter worth about $202,000.

iShares China Large-Cap ETF Stock Performance

Shares of iShares China Large-Cap ETF stock opened at $39.22 on Friday. iShares China Large-Cap ETF has a 1 year low of $29.20 and a 1 year high of $42.00. The firm’s 50-day simple moving average is $39.19 and its 200-day simple moving average is $39.44. The firm has a market cap of $6.54 billion, a PE ratio of 10.78 and a beta of 0.28.

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.