Glaxis Capital Management LLC Sells 170,550 Shares of iShares China Large-Cap ETF $FXI

Glaxis Capital Management LLC lessened its stake in shares of iShares China Large-Cap ETF (NYSEARCA:FXI) by 96.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,700 shares of the exchange traded fund’s stock after selling 170,550 shares during the quarter. Glaxis Capital Management LLC’s holdings in iShares China Large-Cap ETF were worth $218,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of FXI. Brighton Jones LLC bought a new stake in iShares China Large-Cap ETF during the 4th quarter valued at $240,000. AQR Capital Management LLC boosted its position 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 in the last quarter. NewEdge Advisors LLC boosted its position 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 valued at $1,047,000 after acquiring an additional 5,362 shares in the last quarter. Jones Financial Companies Lllp boosted its position 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 valued at $163,000 after acquiring an additional 1,437 shares in the last quarter. Finally, Walleye Capital LLC bought a new stake in iShares China Large-Cap ETF during the 2nd quarter valued at $489,000.

iShares China Large-Cap ETF Trading Up 0.5%

Shares of NYSEARCA FXI opened at $34.91 on Friday. The stock has a market capitalization of $5.77 billion, a PE ratio of 10.78 and a beta of 0.30. The stock’s fifty day simple moving average is $36.21 and its two-hundred day simple moving average is $37.59. iShares China Large-Cap ETF has a 12-month low of $34.31 and a 12-month 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.