Ashford Capital Management Inc. Acquires 22,705 Shares of iShares China Large-Cap ETF $FXI

Ashford Capital Management Inc. boosted its stake in shares of iShares China Large-Cap ETF (NYSEARCA:FXI) by 19.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 138,817 shares of the exchange traded fund’s stock after purchasing an additional 22,705 shares during the quarter. Ashford Capital Management Inc.’s holdings in iShares China Large-Cap ETF were worth $5,315,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Jefferies Financial Group Inc. boosted its position in iShares China Large-Cap ETF by 3.5% during the third quarter. Jefferies Financial Group Inc. now owns 9,138 shares of the exchange traded fund’s stock worth $376,000 after purchasing an additional 312 shares during the period. Wilmington Savings Fund Society FSB boosted its position in shares of iShares China Large-Cap ETF by 7.3% in the third quarter. Wilmington Savings Fund Society FSB now owns 4,724 shares of the exchange traded fund’s stock valued at $194,000 after acquiring an additional 321 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in shares of 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 acquiring an additional 324 shares during the period. Savvy Advisors Inc. boosted its position in shares of iShares China Large-Cap ETF by 4.1% in the fourth quarter. Savvy Advisors Inc. now owns 8,784 shares of the exchange traded fund’s stock valued at $336,000 after acquiring an additional 346 shares during the period. Finally, Allworth Financial LP boosted its position in shares of iShares China Large-Cap ETF by 41.3% in the fourth quarter. Allworth Financial LP now owns 1,320 shares of the exchange traded fund’s stock valued at $51,000 after acquiring an additional 386 shares during the period.

iShares China Large-Cap ETF Stock Performance

Shares of iShares China Large-Cap ETF stock opened at $34.56 on Wednesday. The firm has a 50-day moving average of $36.18 and a 200-day moving average of $37.49. The stock has a market cap of $5.71 billion, a PE ratio of 10.78 and a beta of 0.30. iShares China Large-Cap ETF has a 52-week low of $34.31 and a 52-week high of $42.00.

iShares China Large-Cap ETF 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.