Avantax Advisory Services Inc. Lowers Stock Holdings in iShares China Large-Cap ETF (NYSEARCA:FXI)

Avantax Advisory Services Inc. cut its position in iShares China Large-Cap ETF (NYSEARCA:FXI) by 21.5% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,308 shares of the exchange traded fund’s stock after selling 9,400 shares during the quarter. Avantax Advisory Services Inc.’s holdings in iShares China Large-Cap ETF were worth $1,230,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Rafferty Asset Management LLC boosted its position in iShares China Large-Cap ETF by 60.6% in the 4th quarter. Rafferty Asset Management LLC now owns 27,495,080 shares of the exchange traded fund’s stock valued at $836,950,000 after buying an additional 10,378,106 shares during the period. Bank of Nova Scotia raised its stake in shares of iShares China Large-Cap ETF by 4,286.8% in the fourth quarter. Bank of Nova Scotia now owns 6,290,029 shares of the exchange traded fund’s stock valued at $191,473,000 after acquiring an additional 6,146,643 shares in the last quarter. ADAPT Investment Managers SA acquired a new stake in shares of iShares China Large-Cap ETF in the fourth quarter valued at $33,559,000. Raymond James Financial Inc. purchased a new position in iShares China Large-Cap ETF in the fourth quarter valued at $19,493,000. Finally, Allianz Asset Management GmbH grew its stake in iShares China Large-Cap ETF by 2,790.6% during the 1st quarter. Allianz Asset Management GmbH now owns 427,800 shares of the exchange traded fund’s stock worth $15,332,000 after purchasing an additional 443,700 shares in the last quarter.

iShares China Large-Cap ETF Price Performance

Shares of NYSEARCA FXI opened at $36.83 on Friday. The company has a market cap of $6.23 billion, a price-to-earnings ratio of 10.78 and a beta of 0.44. The stock’s 50-day moving average is $36.85 and its two-hundred day moving average is $35.14. iShares China Large-Cap ETF has a 1-year low of $24.59 and a 1-year high of $39.14.

iShares China Large-Cap ETF 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.