Cetera Investment Advisers Sells 24,117 Shares of iShares China Large-Cap ETF $FXI

Cetera Investment Advisers trimmed its holdings in shares of iShares China Large-Cap ETF (NYSEARCA:FXI) by 34.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 46,607 shares of the exchange traded fund’s stock after selling 24,117 shares during the period. Cetera Investment Advisers’ holdings in iShares China Large-Cap ETF were worth $1,713,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of FXI. Goldman Sachs Group Inc. boosted its position in iShares China Large-Cap ETF by 283.5% during the first quarter. Goldman Sachs Group Inc. now owns 29,228,254 shares of the exchange traded fund’s stock valued at $1,047,541,000 after purchasing an additional 21,607,602 shares during the last quarter. New Vernon Capital Holdings II LLC bought a new stake in shares of iShares China Large-Cap ETF during the 1st quarter worth approximately $284,898,000. Spear Holdings RSC Ltd acquired a new stake in shares of iShares China Large-Cap ETF in the 2nd quarter valued at approximately $188,976,000. National Bank of Canada FI grew its stake in shares of iShares China Large-Cap ETF by 55.5% in the first quarter. National Bank of Canada FI now owns 5,285,334 shares of the exchange traded fund’s stock valued at $189,426,000 after buying an additional 1,886,646 shares in the last quarter. Finally, Nearwater Capital Markets Ltd acquired a new position in iShares China Large-Cap ETF during the first quarter worth $58,778,000.

iShares China Large-Cap ETF Trading Up 0.4%

NYSEARCA FXI opened at $39.53 on Monday. The firm has a market capitalization of $6.68 billion, a P/E ratio of 10.78 and a beta of 0.28. The firm’s fifty day moving average price is $40.18 and its two-hundred day moving average price is $38.52. iShares China Large-Cap ETF has a 1 year low of $28.41 and a 1 year high of $42.00.

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.