Belvedere Trading LLC Purchases New Stake in iShares China Large-Cap ETF $FXI

Belvedere Trading LLC bought a new stake in iShares China Large-Cap ETF (NYSEARCA:FXI) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 97,413 shares of the exchange traded fund’s stock, valued at approximately $3,730,000. iShares China Large-Cap ETF makes up approximately 0.0% of Belvedere Trading LLC’s investment portfolio, making the stock its 22nd biggest holding. Belvedere Trading LLC owned approximately 0.06% of iShares China Large-Cap ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. grew its stake in iShares China Large-Cap ETF by 2.9% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 11,417 shares of the exchange traded fund’s stock valued at $437,000 after purchasing an additional 324 shares in the last quarter. Baker Avenue Asset Management LP grew its stake in iShares China Large-Cap ETF by 3.0% in the fourth quarter. Baker Avenue Asset Management LP now owns 166,882 shares of the exchange traded fund’s stock valued at $6,390,000 after purchasing an additional 4,845 shares in the last quarter. Bleakley Financial Group LLC boosted its stake in shares of iShares China Large-Cap ETF by 10.6% during the 4th quarter. Bleakley Financial Group LLC now owns 12,535 shares of the exchange traded fund’s stock worth $480,000 after acquiring an additional 1,199 shares in the last quarter. Clearstead Advisors LLC bought a new stake in shares of iShares China Large-Cap ETF during the 4th quarter worth about $25,000. Finally, Prospera Financial Services Inc boosted its stake in shares of iShares China Large-Cap ETF by 8.4% during the 4th quarter. Prospera Financial Services Inc now owns 86,818 shares of the exchange traded fund’s stock worth $3,324,000 after acquiring an additional 6,731 shares in the last quarter.

iShares China Large-Cap ETF Stock Performance

FXI opened at $35.05 on Friday. The company has a market cap of $5.79 billion, a PE ratio of 10.78 and a beta of 0.32. The stock has a 50-day moving average of $36.26 and a 200-day moving average of $37.90. iShares China Large-Cap ETF has a 52-week low of $34.63 and a 52-week 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.