Ascent Group LLC Purchases New Shares in iShares China Large-Cap ETF (NYSEARCA:FXI)

Ascent Group LLC purchased a new stake in shares of iShares China Large-Cap ETF (NYSEARCA:FXI) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 16,566 shares of the exchange traded fund’s stock, valued at approximately $504,000.

A number of other large investors also recently made changes to their positions in the company. Rafferty Asset Management LLC raised its position 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 acquiring an additional 10,378,106 shares during the period. Appaloosa LP raised its position in iShares China Large-Cap ETF by 13.7% in the fourth quarter. Appaloosa LP now owns 6,637,128 shares of the exchange traded fund’s stock worth $202,034,000 after acquiring an additional 802,128 shares during the period. Bank of Nova Scotia raised its position in iShares China Large-Cap ETF by 4,286.8% in 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 during the period. National Bank of Canada FI raised its position 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 worth $103,456,000 after acquiring an additional 3,213,132 shares during the period. Finally, Assetmark Inc. bought a new stake in iShares China Large-Cap ETF in the fourth quarter worth about $52,399,000.

iShares China Large-Cap ETF Stock Down 1.0%

NYSEARCA FXI opened at $35.60 on Wednesday. The company’s 50 day moving average is $34.36 and its 200-day moving average is $33.01. iShares China Large-Cap ETF has a 12-month low of $24.59 and a 12-month high of $38.73. The firm has a market cap of $6.04 billion, a P/E ratio of 9.93 and a beta of 0.29.

iShares China Large-Cap ETF 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.