Partners Wealth Management LLC Makes New $1.43 Million Investment in iShares China Large-Cap ETF $FXI

Partners Wealth Management LLC acquired a new position in iShares China Large-Cap ETF (NYSEARCA:FXI) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 42,000 shares of the exchange traded fund’s stock, valued at approximately $1,429,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. GK Wealth Management LLC bought a new position in iShares China Large-Cap ETF during the 3rd quarter worth $25,000. Global Assets Advisory LLC acquired a new position in iShares China Large-Cap ETF during the 1st quarter worth about $45,000. Highland Investment Advisors LLC acquired a new position in iShares China Large-Cap ETF during the 2nd quarter worth about $57,000. Boreal Capital Management LLC lifted its holdings in iShares China Large-Cap ETF by 33.3% during the 1st quarter. Boreal Capital Management LLC now owns 2,600 shares of the exchange traded fund’s stock worth $93,000 after buying an additional 650 shares during the period. Finally, Timbuktu Capital Management LLC bought a new stake in shares of iShares China Large-Cap ETF in the 2nd quarter valued at about $91,000.

iShares China Large-Cap ETF Trading Up 1.2%

NYSEARCA FXI opened at $33.08 on Friday. The firm has a market capitalization of $3.79 billion, a PE ratio of 10.78 and a beta of 0.30. The business’s 50-day moving average price is $34.19 and its two-hundred day moving average price is $35.70. iShares China Large-Cap ETF has a 12 month low of $31.19 and a 12 month high of $41.22.

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.