Ashford Capital Management Inc. Takes $3.99 Million Position in iShares China Large-Cap ETF $FXI

Ashford Capital Management Inc. purchased a new position in shares of iShares China Large-Cap ETF (NYSEARCA:FXI) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 108,664 shares of the exchange traded fund’s stock, valued at approximately $3,994,000. Ashford Capital Management Inc. owned about 0.06% of iShares China Large-Cap ETF at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in FXI. New Vernon Capital Holdings II LLC bought a new position in iShares China Large-Cap ETF in the 1st quarter valued at approximately $284,898,000. Spear Holdings RSC Ltd bought a new position in shares of iShares China Large-Cap ETF in the 2nd quarter valued at $188,976,000. Qube Research & Technologies Ltd boosted its holdings in shares of iShares China Large-Cap ETF by 57.1% during the 2nd quarter. Qube Research & Technologies Ltd now owns 5,674,694 shares of the exchange traded fund’s stock valued at $208,602,000 after acquiring an additional 2,063,028 shares in the last quarter. Natixis grew its position in iShares China Large-Cap ETF by 63.3% during the 2nd quarter. Natixis now owns 4,976,144 shares of the exchange traded fund’s stock worth $182,923,000 after acquiring an additional 1,928,592 shares during the last quarter. Finally, Nearwater Capital Markets Ltd acquired a new position in iShares China Large-Cap ETF in the 1st quarter worth about $58,778,000.

iShares China Large-Cap ETF Price Performance

iShares China Large-Cap ETF stock opened at $39.08 on Friday. The company has a market capitalization of $6.60 billion, a P/E ratio of 10.78 and a beta of 0.28. The business has a 50 day moving average of $39.86 and a 200-day moving average of $38.74. iShares China Large-Cap ETF has a 1 year low of $28.41 and a 1 year high of $42.00.

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.