Centric Wealth Management Makes New $227,000 Investment in iShares China Large-Cap ETF $FXI

Centric Wealth Management bought a new position in shares of iShares China Large-Cap ETF (NYSEARCA:FXI) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 6,347 shares of the exchange traded fund’s stock, valued at approximately $227,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. raised its stake in iShares China Large-Cap ETF by 283.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 29,228,254 shares of the exchange traded fund’s stock worth $1,047,541,000 after acquiring an additional 21,607,602 shares during the period. Rafferty Asset Management LLC raised its position in shares of iShares China Large-Cap ETF by 60.6% during the fourth quarter. Rafferty Asset Management LLC now owns 27,495,080 shares of the exchange traded fund’s stock valued at $836,950,000 after buying an additional 10,378,106 shares during the last quarter. National Bank of Canada FI raised its position in shares of iShares China Large-Cap ETF by 55.5% during the first quarter. National Bank of Canada FI now owns 5,285,334 shares of the exchange traded fund’s stock valued at $189,426,000 after buying an additional 1,886,646 shares during the last quarter. ADAPT Investment Managers SA bought a new stake in shares of iShares China Large-Cap ETF during the fourth quarter valued at approximately $33,559,000. Finally, Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management raised its position in shares of iShares China Large-Cap ETF by 51.4% during the first quarter. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management now owns 937,000 shares of the exchange traded fund’s stock valued at $33,582,000 after buying an additional 318,000 shares during the last quarter.

iShares China Large-Cap ETF Price Performance

iShares China Large-Cap ETF stock opened at $38.91 on Friday. The stock has a market cap of $6.58 billion, a P/E ratio of 10.78 and a beta of 0.44. iShares China Large-Cap ETF has a 1 year low of $25.29 and a 1 year high of $39.58. The firm’s 50 day moving average price is $37.71 and its 200-day moving average price is $36.07.

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.