Traders Buy High Volume of Call Options on iShares China Large-Cap ETF (NYSEARCA:FXI)

iShares China Large-Cap ETF (NYSEARCA:FXI) was the target of some unusual options trading activity on Wednesday. Stock investors acquired 471,766 call options on the stock. This represents an increase of 168% compared to the average volume of 175,990 call options.

Hedge Funds Weigh In On iShares China Large-Cap ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Rafferty Asset Management LLC grew its position in iShares China Large-Cap ETF by 3.0% in the third quarter. Rafferty Asset Management LLC now owns 13,320,497 shares of the exchange traded fund’s stock valued at $548,005,000 after acquiring an additional 386,498 shares during the period. Spear Holdings RSC Ltd boosted its stake in shares of iShares China Large-Cap ETF by 25.7% in the 3rd quarter. Spear Holdings RSC Ltd now owns 6,461,482 shares of the exchange traded fund’s stock valued at $265,825,000 after purchasing an additional 1,320,667 shares in the last quarter. Qube Research & Technologies Ltd boosted its stake in shares of iShares China Large-Cap ETF by 57.1% in the 2nd quarter. Qube Research & Technologies Ltd now owns 5,674,694 shares of the exchange traded fund’s stock valued at $208,602,000 after purchasing an additional 2,063,028 shares in the last quarter. Natixis grew its holdings in shares of iShares China Large-Cap ETF by 63.3% in the 2nd quarter. Natixis now owns 4,976,144 shares of the exchange traded fund’s stock worth $182,923,000 after purchasing an additional 1,928,592 shares during the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd increased its position in shares of iShares China Large-Cap ETF by 48.7% during the 3rd quarter. Clal Insurance Enterprises Holdings Ltd now owns 4,430,000 shares of the exchange traded fund’s stock worth $182,250,000 after purchasing an additional 1,450,000 shares in the last quarter.

iShares China Large-Cap ETF Stock Down 2.1%

NYSEARCA:FXI opened at $38.66 on Friday. The firm has a market capitalization of $6.45 billion, a PE ratio of 10.78 and a beta of 0.28. iShares China Large-Cap ETF has a 12-month low of $29.20 and a 12-month high of $42.00. The firm has a 50-day moving average price of $39.18 and a 200 day moving average price of $39.45.

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.