Clal Insurance Enterprises Holdings Ltd Raises Holdings in iShares China Large-Cap ETF $FXI

Clal Insurance Enterprises Holdings Ltd lifted its position in shares of iShares China Large-Cap ETF (NYSEARCA:FXI) by 35.5% during the second quarter, Holdings Channel.com reports. The institutional investor owned 2,980,000 shares of the exchange traded fund’s stock after acquiring an additional 780,000 shares during the quarter. iShares China Large-Cap ETF makes up approximately 1.1% of Clal Insurance Enterprises Holdings Ltd’s portfolio, making the stock its 25th biggest position. Clal Insurance Enterprises Holdings Ltd’s holdings in iShares China Large-Cap ETF were worth $109,545,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in FXI. Brighton Jones LLC purchased a new position in iShares China Large-Cap ETF during the 4th quarter valued at about $240,000. Cerity Partners LLC increased its holdings in iShares China Large-Cap ETF by 48.4% during the first quarter. Cerity Partners LLC now owns 17,054 shares of the exchange traded fund’s stock valued at $611,000 after buying an additional 5,559 shares during the period. Apollon Wealth Management LLC purchased a new position in iShares China Large-Cap ETF during the first quarter valued at approximately $242,000. IFP Advisors Inc raised its stake in iShares China Large-Cap ETF by 9.3% in the first quarter. IFP Advisors Inc now owns 33,537 shares of the exchange traded fund’s stock worth $1,202,000 after buying an additional 2,863 shares in the last quarter. Finally, Allianz Asset Management GmbH lifted its holdings in iShares China Large-Cap ETF by 2,790.6% during the first quarter. Allianz Asset Management GmbH now owns 427,800 shares of the exchange traded fund’s stock worth $15,332,000 after buying an additional 443,700 shares during the period.

iShares China Large-Cap ETF Trading Down 0.4%

Shares of NYSEARCA FXI opened at $39.51 on Wednesday. iShares China Large-Cap ETF has a 12-month low of $28.41 and a 12-month high of $42.00. The stock’s fifty day simple moving average is $40.43 and its two-hundred day simple moving average is $38.30. The stock has a market capitalization of $6.67 billion, a PE ratio of 10.78 and a beta of 0.28.

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.