Fiduciary Alliance LLC Trims Position in iShares China Large-Cap ETF $FXI

Fiduciary Alliance LLC lessened its stake in iShares China Large-Cap ETF (NYSEARCA:FXI) by 93.9% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 6,036 shares of the exchange traded fund’s stock after selling 93,581 shares during the quarter. Fiduciary Alliance LLC’s holdings in iShares China Large-Cap ETF were worth $223,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FXI. Clearstead Advisors LLC bought a new position in iShares China Large-Cap ETF in the 4th quarter worth about $25,000. Van Den Berg Management I Inc. bought a new stake in shares of iShares China Large-Cap ETF during the fourth quarter valued at approximately $27,000. International Assets Investment Management LLC bought a new stake in shares of iShares China Large-Cap ETF during the fourth quarter valued at approximately $32,000. Steward Partners Investment Advisory LLC boosted its holdings in shares of iShares China Large-Cap ETF by 333.5% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 971 shares of the exchange traded fund’s stock valued at $37,000 after purchasing an additional 747 shares during the period. Finally, Banque Cantonale Vaudoise purchased a new stake in shares of iShares China Large-Cap ETF in the third quarter valued at approximately $44,000.

iShares China Large-Cap ETF Price Performance

Shares of NYSEARCA:FXI opened at $31.59 on Monday. iShares China Large-Cap ETF has a 52-week low of $31.19 and a 52-week high of $42.00. The stock has a market cap of $5.22 billion, a P/E ratio of 10.78 and a beta of 0.30. The business’s 50 day moving average is $35.62 and its 200 day moving average is $37.11.

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.