New York State Common Retirement Fund Invests $2.31 Million in iShares China Large-Cap ETF (NYSEARCA:FXI)

New York State Common Retirement Fund bought a new stake in shares of iShares China Large-Cap ETF (NYSEARCA:FXI) during the 4th quarter, Holdings Channel reports. The firm bought 96,082 shares of the exchange traded fund’s stock, valued at approximately $2,309,000.

Several other hedge funds have also bought and sold shares of FXI. International Assets Investment Management LLC purchased a new position in shares of iShares China Large-Cap ETF during the 4th quarter valued at about $87,000. Spire Wealth Management grew its stake in shares of iShares China Large-Cap ETF by 2,329.9% during the 3rd quarter. Spire Wealth Management now owns 4,884 shares of the exchange traded fund’s stock valued at $130,000 after acquiring an additional 4,683 shares during the period. Turim 21 Investimentos Ltda. bought a new position in shares of iShares China Large-Cap ETF during the 3rd quarter valued at approximately $147,000. Brookstone Capital Management bought a new position in shares of iShares China Large-Cap ETF during the 4th quarter valued at approximately $216,000. Finally, SageView Advisory Group LLC bought a new position in shares of iShares China Large-Cap ETF during the 3rd quarter valued at approximately $232,000.

iShares China Large-Cap ETF Trading Down 1.4 %

Shares of NYSEARCA:FXI opened at $26.92 on Wednesday. The stock has a 50 day moving average of $24.47 and a 200 day moving average of $24.15. The company has a market cap of $4.85 billion, a PE ratio of 8.31 and a beta of 0.99. iShares China Large-Cap ETF has a 12-month low of $20.86 and a 12-month high of $30.54.

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.