iShares China Large-Cap ETF (NYSEARCA:FXI – Get Free Report) was the recipient of unusually large options trading on Wednesday. Stock investors purchased 427,721 call options on the company. This is an increase of 49% compared to the typical volume of 287,854 call options.
Hedge Funds Weigh In On iShares China Large-Cap ETF
A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Janney Montgomery Scott LLC acquired a new position in iShares China Large-Cap ETF during the first quarter worth $605,000. Financial Counselors Inc. acquired a new stake in shares of iShares China Large-Cap ETF in the first quarter valued at about $494,000. Csenge Advisory Group purchased a new stake in shares of iShares China Large-Cap ETF during the 1st quarter valued at about $248,000. VitalStone Financial LLC acquired a new position in iShares China Large-Cap ETF during the 1st quarter worth approximately $268,000. Finally, SG Americas Securities LLC boosted its holdings in iShares China Large-Cap ETF by 82.7% in the 1st quarter. SG Americas Securities LLC now owns 4,051,237 shares of the exchange traded fund’s stock worth $97,513,000 after acquiring an additional 1,834,265 shares during the period.
iShares China Large-Cap ETF Price Performance
NYSEARCA FXI opened at $31.68 on Thursday. The company has a market cap of $5.71 billion, a P/E ratio of 8.31 and a beta of 0.99. The stock has a 50-day moving average of $30.17 and a two-hundred day moving average of $27.78. iShares China Large-Cap ETF has a 1-year low of $20.86 and a 1-year high of $37.50.
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.
Featured Stories
- Five stocks we like better than iShares China Large-Cap ETF
- Insider Buying Explained: What Investors Need to Know
- What a Trump Win Looks Like for the Market Now and Into 2025
- How Investors Can Find the Best Cheap Dividend Stocks
- Russell 2000 Surge Post-Election: How to Play the Small-Cap Pop
- Do Real Estate Investment Trusts Deserve a Place in Your Portfolio?
- Macro Headwinds Send Microchip Technology Stock to the Buy Zone
Receive News & Ratings for iShares China Large-Cap ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares China Large-Cap ETF and related companies with MarketBeat.com's FREE daily email newsletter.