Waterloo Capital L.P. Trims Stock Holdings in iShares China Large-Cap ETF $FXI

Waterloo Capital L.P. reduced its stake in iShares China Large-Cap ETF (NYSEARCA:FXI) by 37.7% during the 4th quarter, Holdings Channel reports. The institutional investor owned 107,057 shares of the exchange traded fund’s stock after selling 64,722 shares during the period. Waterloo Capital L.P.’s holdings in iShares China Large-Cap ETF were worth $4,099,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of FXI. Clearstead Advisors LLC purchased a new stake in iShares China Large-Cap ETF in the 4th quarter valued at about $25,000. International Assets Investment Management LLC purchased a new stake in iShares China Large-Cap ETF in the 4th quarter valued at about $32,000. Banque Cantonale Vaudoise purchased a new stake in iShares China Large-Cap ETF in the 3rd quarter valued at about $44,000. Allworth Financial LP raised its holdings in iShares China Large-Cap ETF by 41.3% in the 4th quarter. Allworth Financial LP now owns 1,320 shares of the exchange traded fund’s stock valued at $51,000 after buying an additional 386 shares during the period. Finally, American Wealth Advisors LLC purchased a new stake in iShares China Large-Cap ETF in the 3rd quarter valued at about $67,000.

iShares China Large-Cap ETF Trading Up 0.2%

Shares of FXI opened at $35.05 on Friday. The firm has a market cap of $5.79 billion, a P/E ratio of 10.78 and a beta of 0.32. iShares China Large-Cap ETF has a 12-month low of $34.63 and a 12-month high of $42.00. The company’s 50-day moving average price is $36.26 and its 200 day moving average price is $37.90.

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. The underlying Index is designed to represent the performance of the companies in the Chinese equity market, which are available to the international investors.