Spear Holdings RSC Ltd Invests $66.23 Million in iShares China Large-Cap ETF $FXI

Spear Holdings RSC Ltd purchased a new stake in shares of iShares China Large-Cap ETF (NYSEARCA:FXI) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,844,724 shares of the exchange traded fund’s stock, valued at approximately $66,226,000. iShares China Large-Cap ETF accounts for 6.6% of Spear Holdings RSC Ltd’s holdings, making the stock its 9th largest position. Spear Holdings RSC Ltd owned about 1.12% of iShares China Large-Cap ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Clearstead Advisors LLC bought a new position in shares of iShares China Large-Cap ETF in the fourth quarter worth approximately $25,000. Van Den Berg Management I Inc. purchased a new position in shares of iShares China Large-Cap ETF in the fourth quarter worth $27,000. International Assets Investment Management LLC bought a new stake in iShares China Large-Cap ETF during the 4th quarter valued at $32,000. Steward Partners Investment Advisory LLC raised its holdings in iShares China Large-Cap ETF by 333.5% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 971 shares of the exchange traded fund’s stock valued at $37,000 after buying an additional 747 shares during the last quarter. Finally, Banque Cantonale Vaudoise purchased a new stake in iShares China Large-Cap ETF during the 3rd quarter valued at $44,000.

iShares China Large-Cap ETF Stock Up 0.1%

Shares of iShares China Large-Cap ETF stock opened at $34.46 on Friday. The company’s fifty day simple moving average is $34.19 and its two-hundred day simple moving average is $36.40. iShares China Large-Cap ETF has a 12-month low of $31.19 and a 12-month high of $42.00. The firm has a market cap of $4.16 billion, a PE ratio of 10.78 and a beta of 0.32.

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.