Traders Buy iShares FTSE/Xinhua China 25 Index (FXI) on Weakness

Traders bought shares of iShares FTSE/Xinhua China 25 Index (NYSE:FXI) on weakness during trading hours on Monday. $62.97 million flowed into the stock on the tick-up and $15.54 million flowed out of the stock on the tick-down, for a money net flow of $47.43 million into the stock. Of all stocks tracked, iShares FTSE/Xinhua China 25 Index had the 9th highest net in-flow for the day. iShares FTSE/Xinhua China 25 Index traded down ($0.16) for the day and closed at $46.96

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Rafferty Asset Management LLC grew its stake in shares of iShares FTSE/Xinhua China 25 Index by 35.3% in the second quarter. Rafferty Asset Management LLC now owns 2,337,544 shares of the exchange traded fund’s stock worth $92,824,000 after acquiring an additional 610,331 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. grew its stake in shares of iShares FTSE/Xinhua China 25 Index by 0.7% in the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,909,408 shares of the exchange traded fund’s stock worth $75,824,000 after acquiring an additional 12,614 shares during the last quarter. NINE MASTS CAPITAL Ltd purchased a new stake in shares of iShares FTSE/Xinhua China 25 Index in the second quarter worth $44,507,000. JPMorgan Chase & Co. grew its stake in shares of iShares FTSE/Xinhua China 25 Index by 107.0% in the third quarter. JPMorgan Chase & Co. now owns 1,049,272 shares of the exchange traded fund’s stock worth $45,674,000 after acquiring an additional 542,295 shares during the last quarter. Finally, Exane Derivatives grew its stake in shares of iShares FTSE/Xinhua China 25 Index by 28.2% in the third quarter. Exane Derivatives now owns 745,969 shares of the exchange traded fund’s stock worth $32,848,000 after acquiring an additional 164,176 shares during the last quarter.

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About iShares FTSE/Xinhua China 25 Index

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.

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