Stock Traders Purchase High Volume of iShares China Large-Cap ETF Call Options (NYSEARCA:FXI)

iShares China Large-Cap ETF (NYSEARCA:FXI) saw some unusual options trading activity on Wednesday. Stock traders purchased 471,766 call options on the company. This represents an increase of 168% compared to the typical volume of 175,990 call options.

Institutional Investors Weigh In On iShares China Large-Cap ETF

Hedge funds have recently modified their holdings of the business. Total Investment Management Inc. bought a new position in iShares China Large-Cap ETF during the second quarter worth $25,000. Clearstead Advisors LLC acquired a new stake in iShares China Large-Cap ETF in the 4th quarter worth $25,000. Traub Capital Management LLC bought a new position in shares of iShares China Large-Cap ETF during the 2nd quarter worth about $28,000. Elevation Point Wealth Partners LLC acquired a new position in shares of iShares China Large-Cap ETF during the second quarter valued at about $31,000. Finally, Allworth Financial LP lifted its stake in shares of iShares China Large-Cap ETF by 1,066.7% in the second quarter. Allworth Financial LP now owns 875 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 800 shares during the period.

iShares China Large-Cap ETF Stock Performance

iShares China Large-Cap ETF stock opened at $39.47 on Thursday. iShares China Large-Cap ETF has a 52 week low of $29.20 and a 52 week high of $42.00. The firm has a market capitalization of $6.58 billion, a PE ratio of 10.78 and a beta of 0.28. The business’s 50-day simple moving average is $39.19 and its 200-day simple moving average is $39.46.

iShares China Large-Cap ETF Company 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.