iShares China Large-Cap ETF $FXI Shares Sold by CI Investments Inc.

CI Investments Inc. trimmed its stake in iShares China Large-Cap ETF (NYSEARCA:FXI) by 95.1% in the first quarter, Holdings Channel.com reports. The firm owned 116,601 shares of the exchange traded fund’s stock after selling 2,257,396 shares during the quarter. CI Investments Inc.’s holdings in iShares China Large-Cap ETF were worth $4,186,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of FXI. Clearstead Advisors LLC acquired a new position in iShares China Large-Cap ETF during the fourth quarter worth approximately $25,000. Van Den Berg Management I Inc. acquired a new position in shares of iShares China Large-Cap ETF in the 4th quarter valued at $27,000. International Assets Investment Management LLC acquired a new position in shares of iShares China Large-Cap ETF in the 4th quarter valued at $32,000. Steward Partners Investment Advisory LLC grew its stake in shares of 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 period. Finally, Banque Cantonale Vaudoise purchased a new stake in shares of iShares China Large-Cap ETF during the 3rd quarter valued at $44,000.

iShares China Large-Cap ETF Stock Up 0.1%

FXI stock opened at $34.46 on Friday. The company has a market cap of $4.16 billion, a price-to-earnings ratio of 10.78 and a beta of 0.32. The business has a fifty day simple moving average of $34.19 and a 200-day simple moving average of $36.40. iShares China Large-Cap ETF has a 52 week low of $31.19 and a 52 week high of $42.00.

iShares China Large-Cap ETF Company 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. The underlying Index is designed to represent the performance of the companies in the Chinese equity market, which are available to the international investors.