iShares China Large-Cap ETF $FXI Stake Boosted by Allianz SE

Allianz SE increased its stake in iShares China Large-Cap ETF (NYSEARCA:FXI) by 4.7% during the 3rd quarter, HoldingsChannel reports. The firm owned 410,734 shares of the exchange traded fund’s stock after acquiring an additional 18,361 shares during the period. Allianz SE’s holdings in iShares China Large-Cap ETF were worth $16,898,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. JPMorgan Chase & Co. grew its holdings in iShares China Large-Cap ETF by 276.1% during the third quarter. JPMorgan Chase & Co. now owns 4,266,142 shares of the exchange traded fund’s stock worth $175,509,000 after acquiring an additional 3,131,897 shares during the period. Qube Research & Technologies Ltd lifted its position 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 acquiring an additional 2,063,028 shares in the last quarter. Natixis boosted its position in shares of iShares China Large-Cap ETF by 63.3% in the second quarter. Natixis now owns 4,976,144 shares of the exchange traded fund’s stock worth $182,923,000 after buying an additional 1,928,592 shares during the period. Spear Holdings RSC Ltd boosted its position in iShares China Large-Cap ETF by 25.7% during the 3rd quarter. Spear Holdings RSC Ltd now owns 6,461,482 shares of the exchange traded fund’s stock worth $265,825,000 after acquiring an additional 1,320,667 shares during the period. Finally, Clal Insurance Enterprises Holdings Ltd grew its position in iShares China Large-Cap ETF by 35.5% during the second quarter. Clal Insurance Enterprises Holdings Ltd now owns 2,980,000 shares of the exchange traded fund’s stock valued at $109,545,000 after purchasing an additional 780,000 shares in the last quarter.

iShares China Large-Cap ETF Trading Down 0.3%

Shares of NYSEARCA:FXI opened at $37.28 on Friday. The firm has a market cap of $6.22 billion, a price-to-earnings ratio of 10.78 and a beta of 0.28. The business has a fifty day simple moving average of $39.07 and a 200 day simple moving average of $39.50. iShares China Large-Cap ETF has a 1 year low of $29.20 and a 1 year 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.