Parallel Advisors LLC Buys 871 Shares of iShares China Large-Cap ETF $FXI

Parallel Advisors LLC lifted its stake in shares of iShares China Large-Cap ETF (NYSEARCA:FXI) by 13.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 7,548 shares of the exchange traded fund’s stock after acquiring an additional 871 shares during the quarter. Parallel Advisors LLC’s holdings in iShares China Large-Cap ETF were worth $277,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Cetera Investment Advisers boosted its stake in iShares China Large-Cap ETF by 114.1% in the 1st quarter. Cetera Investment Advisers now owns 70,724 shares of the exchange traded fund’s stock worth $2,535,000 after purchasing an additional 37,690 shares during the period. MONECO Advisors LLC bought a new position in iShares China Large-Cap ETF in the 1st quarter worth approximately $764,000. Baird Financial Group Inc. bought a new position in iShares China Large-Cap ETF in the 1st quarter worth approximately $1,074,000. Cary Street Partners Financial LLC bought a new position in iShares China Large-Cap ETF in the 1st quarter worth approximately $306,000. Finally, GAMMA Investing LLC boosted its stake in iShares China Large-Cap ETF by 3,225.5% in the 1st quarter. GAMMA Investing LLC now owns 243,425 shares of the exchange traded fund’s stock worth $8,724,000 after purchasing an additional 236,105 shares during the period.

iShares China Large-Cap ETF Price Performance

FXI stock opened at $40.93 on Monday. iShares China Large-Cap ETF has a 1-year low of $27.11 and a 1-year high of $41.73. The company has a market capitalization of $6.92 billion, a price-to-earnings ratio of 10.78 and a beta of 0.44. The business has a 50 day simple moving average of $38.73 and a two-hundred day simple moving average of $36.56.

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.