Baird Financial Group Inc. Acquires New Shares in iShares China Large-Cap ETF $FXI

Baird Financial Group Inc. bought a new position in iShares China Large-Cap ETF (NYSEARCA:FXI) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 29,969 shares of the exchange traded fund’s stock, valued at approximately $1,074,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Goldman Sachs Group Inc. lifted its position in iShares China Large-Cap ETF by 283.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 29,228,254 shares of the exchange traded fund’s stock worth $1,047,541,000 after buying an additional 21,607,602 shares in the last quarter. Rafferty Asset Management LLC increased its position in iShares China Large-Cap ETF by 60.6% during the fourth quarter. Rafferty Asset Management LLC now owns 27,495,080 shares of the exchange traded fund’s stock worth $836,950,000 after acquiring an additional 10,378,106 shares during the period. National Bank of Canada FI grew its stake in iShares China Large-Cap ETF by 55.5% during the first quarter. National Bank of Canada FI now owns 5,285,334 shares of the exchange traded fund’s stock worth $189,426,000 after buying an additional 1,886,646 shares in the last quarter. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management grew its stake in iShares China Large-Cap ETF by 51.4% during the first quarter. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management now owns 937,000 shares of the exchange traded fund’s stock worth $33,582,000 after buying an additional 318,000 shares in the last quarter. Finally, City of London Investment Management Co. Ltd. grew its stake in iShares China Large-Cap ETF by 614.8% during the first quarter. City of London Investment Management Co. Ltd. now owns 824,109 shares of the exchange traded fund’s stock worth $29,536,000 after buying an additional 708,813 shares in the last quarter.

iShares China Large-Cap ETF Trading Up 1.4%

FXI stock opened at $39.44 on Tuesday. The stock has a market capitalization of $6.67 billion, a P/E ratio of 10.78 and a beta of 0.44. iShares China Large-Cap ETF has a 12 month low of $25.29 and a 12 month high of $39.58. The firm has a 50-day moving average price of $37.96 and a 200-day moving average price of $36.25.

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.