CIBC Bancorp USA Inc. Invests $8.95 Million in iShares China Large-Cap ETF $FXI

CIBC Bancorp USA Inc. bought a new stake in shares of iShares China Large-Cap ETF (NYSEARCA:FXI) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 217,526 shares of the exchange traded fund’s stock, valued at approximately $8,949,000. CIBC Bancorp USA Inc. owned approximately 0.13% of iShares China Large-Cap ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FXI. Maven Securities LTD bought a new position in iShares China Large-Cap ETF in the 3rd quarter worth $942,000. Wilmington Savings Fund Society FSB boosted its stake in shares of iShares China Large-Cap ETF by 7.3% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 4,724 shares of the exchange traded fund’s stock valued at $194,000 after purchasing an additional 321 shares in the last quarter. Keystone Financial Group bought a new stake in shares of iShares China Large-Cap ETF during the 3rd quarter valued at about $208,000. XTX Topco Ltd purchased a new position in shares of iShares China Large-Cap ETF during the third quarter valued at about $1,380,000. Finally, Wexford Capital LP purchased a new position in shares of iShares China Large-Cap ETF during the third quarter valued at about $1,577,000.

iShares China Large-Cap ETF Price Performance

FXI stock opened at $35.16 on Friday. iShares China Large-Cap ETF has a 1 year low of $29.20 and a 1 year high of $42.00. The firm has a 50-day moving average of $38.26 and a 200 day moving average of $39.25. The company has a market cap of $5.86 billion, a P/E ratio of 10.78 and a beta of 0.28.

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. The underlying Index is designed to represent the performance of the companies in the Chinese equity market, which are available to the international investors.