Hillcrest Wealth Advisors NY LLC Purchases New Position in iShares China Large-Cap ETF $FXI

Hillcrest Wealth Advisors NY LLC purchased a new position in iShares China Large-Cap ETF (NYSEARCA:FXI) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 29,900 shares of the exchange traded fund’s stock, valued at approximately $1,073,000. iShares China Large-Cap ETF accounts for about 0.4% of Hillcrest Wealth Advisors NY LLC’s investment portfolio, making the stock its 28th biggest holding.

Other hedge funds also recently bought and sold shares of the company. Nearwater Capital Markets Ltd increased its position in shares of iShares China Large-Cap ETF by 196.3% in the fourth quarter. Nearwater Capital Markets Ltd now owns 2,785,000 shares of the exchange traded fund’s stock valued at $106,638,000 after buying an additional 1,845,000 shares in the last quarter. Renaissance Technologies LLC raised its stake in shares of iShares China Large-Cap ETF by 315.5% during the 4th quarter. Renaissance Technologies LLC now owns 1,225,700 shares of the exchange traded fund’s stock worth $46,932,000 after buying an additional 930,700 shares during the period. Nipun Capital L.P. lifted its position in shares of iShares China Large-Cap ETF by 123.5% during the 4th quarter. Nipun Capital L.P. now owns 1,203,450 shares of the exchange traded fund’s stock valued at $46,080,000 after buying an additional 665,000 shares in the last quarter. Capitolis Liquid Global Markets LLC lifted its position in shares of iShares China Large-Cap ETF by 89.7% during the 4th quarter. Capitolis Liquid Global Markets LLC now owns 1,324,000 shares of the exchange traded fund’s stock valued at $50,696,000 after buying an additional 626,000 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its stake in iShares China Large-Cap ETF by 5,232.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 591,483 shares of the exchange traded fund’s stock valued at $22,648,000 after acquiring an additional 580,390 shares during the period.

iShares China Large-Cap ETF Stock Performance

iShares China Large-Cap ETF stock opened at $31.91 on Friday. The stock has a market capitalization of $4.55 billion, a P/E ratio of 10.78 and a beta of 0.32. The company’s fifty day moving average price is $35.07 and its 200 day moving average price is $36.87. iShares China Large-Cap ETF has a 1 year low of $31.19 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.