Investors Buy Large Volume of Put Options on iShares China Large-Cap ETF (NYSEARCA:FXI)

iShares China Large-Cap ETF (NYSEARCA:FXI) saw unusually large options trading on Thursday. Stock traders acquired 196,159 put options on the stock. This represents an increase of 67% compared to the average volume of 117,245 put options.

Institutional Trading of iShares China Large-Cap ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Bank of America Corp DE grew its position in iShares China Large-Cap ETF by 12.1% during the first quarter. Bank of America Corp DE now owns 15,268,671 shares of the exchange traded fund’s stock worth $548,145,000 after buying an additional 1,646,722 shares in the last quarter. Rafferty Asset Management LLC lifted its stake in iShares China Large-Cap ETF by 2.6% in the fourth quarter. Rafferty Asset Management LLC now owns 13,660,513 shares of the exchange traded fund’s stock worth $523,061,000 after purchasing an additional 340,016 shares during the last quarter. Nearwater Capital Markets Ltd boosted its position in iShares China Large-Cap ETF by 196.3% during 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 during the period. Spear Holdings RSC Ltd purchased a new stake in iShares China Large-Cap ETF during the first quarter valued at about $66,226,000. Finally, PBCay One RSC Ltd bought a new position in shares of iShares China Large-Cap ETF during the first quarter valued at about $66,226,000.

iShares China Large-Cap ETF Stock Down 1.2%

Shares of FXI stock opened at $34.13 on Friday. The firm has a 50 day moving average of $34.43 and a 200-day moving average of $36.53. The company has a market cap of $4.39 billion, a price-to-earnings ratio of 10.78 and a beta of 0.32. iShares China Large-Cap ETF has a 52 week low of $31.19 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.