Investors Purchase Large Volume of iShares China Large-Cap ETF Call Options (NYSEARCA:FXI)

iShares China Large-Cap ETF (NYSEARCA:FXI) was the recipient of some unusual options trading activity on Wednesday. Stock investors acquired 329,012 call options on the company. This represents an increase of approximately 58% compared to the average volume of 208,276 call options.

Institutional Trading of iShares China Large-Cap ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Rafferty Asset Management LLC increased its holdings in iShares China Large-Cap ETF by 60.6% in the fourth quarter. Rafferty Asset Management LLC now owns 27,495,080 shares of the exchange traded fund’s stock worth $836,950,000 after purchasing an additional 10,378,106 shares in the last quarter. Appaloosa LP lifted its position in shares of iShares China Large-Cap ETF by 13.7% during the 4th quarter. Appaloosa LP now owns 6,637,128 shares of the exchange traded fund’s stock valued at $202,034,000 after acquiring an additional 802,128 shares during the period. Bank of Nova Scotia boosted its stake in iShares China Large-Cap ETF by 4,286.8% during the fourth quarter. Bank of Nova Scotia now owns 6,290,029 shares of the exchange traded fund’s stock worth $191,473,000 after acquiring an additional 6,146,643 shares in the last quarter. SG Americas Securities LLC grew its holdings in iShares China Large-Cap ETF by 25.2% in the fourth quarter. SG Americas Securities LLC now owns 4,193,345 shares of the exchange traded fund’s stock worth $127,645,000 after purchasing an additional 844,237 shares during the period. Finally, National Bank of Canada FI increased its stake in iShares China Large-Cap ETF by 1,731.6% in the fourth quarter. National Bank of Canada FI now owns 3,398,688 shares of the exchange traded fund’s stock valued at $103,456,000 after purchasing an additional 3,213,132 shares in the last quarter.

iShares China Large-Cap ETF Price Performance

Shares of NYSEARCA FXI opened at $35.00 on Friday. iShares China Large-Cap ETF has a 1 year low of $24.59 and a 1 year high of $38.73. The firm has a market cap of $5.94 billion, a PE ratio of 9.33 and a beta of 0.28. The company has a 50 day simple moving average of $34.67 and a 200 day simple moving average of $32.66.

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.