Avalon Capital Management bought a new stake in shares of iShares China Large-Cap ETF (NYSEARCA:FXI – Free Report) during the first quarter, Holdings Channel.com reports. The fund bought 226,956 shares of the exchange traded fund’s stock, valued at approximately $8,134,000. iShares China Large-Cap ETF comprises 2.4% of Avalon Capital Management’s holdings, making the stock its 11th largest holding.
Other institutional investors have also recently modified their holdings of the company. NBC Securities Inc. acquired a new stake in shares of iShares China Large-Cap ETF during the 1st quarter valued at about $25,000. Berbice Capital Management LLC acquired a new stake in iShares China Large-Cap ETF in the 1st quarter worth about $29,000. Concourse Financial Group Securities Inc. boosted its holdings in iShares China Large-Cap ETF by 108.4% in the 4th quarter. Concourse Financial Group Securities Inc. now owns 921 shares of the exchange traded fund’s stock worth $28,000 after buying an additional 479 shares during the last quarter. BOCHK Asset Management Ltd acquired a new stake in iShares China Large-Cap ETF in the 1st quarter worth about $54,000. Finally, Runnymede Capital Advisors Inc. acquired a new stake in iShares China Large-Cap ETF in the 1st quarter worth about $56,000.
iShares China Large-Cap ETF Trading Down 0.6%
FXI stock opened at $38.65 on Monday. iShares China Large-Cap ETF has a 12-month low of $24.59 and a 12-month high of $39.14. The stock has a market cap of $6.53 billion, a price-to-earnings ratio of 10.78 and a beta of 0.44. The business’s 50-day moving average is $36.68 and its 200 day moving average is $34.92.
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.
Featured Articles
- Five stocks we like better than iShares China Large-Cap ETF
- How to Calculate Stock Profit
- Bitcoin and Ethereum Surge: Here Are 5 Set to Ride the Wave
- Biggest Stock Losers – Today’s Biggest Percentage Decliners
- PEGA Surges 14%: There’s Still Time to Ride This GenAI Innovator
- Low PE Growth Stocks: Unlocking Investment Opportunities
- Retail’s Comeback: 3 High-ROIC Stocks That Could Outshine AI
Want to see what other hedge funds are holding FXI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares China Large-Cap ETF (NYSEARCA:FXI – Free Report).
Receive News & Ratings for iShares China Large-Cap ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares China Large-Cap ETF and related companies with MarketBeat.com's FREE daily email newsletter.
