Bank of Nova Scotia Raises Stock Position in iShares China Large-Cap ETF $FXI

Bank of Nova Scotia grew its stake in iShares China Large-Cap ETF (NYSEARCA:FXI) by 199.1% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 758,291 shares of the exchange traded fund’s stock after purchasing an additional 504,739 shares during the quarter. Bank of Nova Scotia owned about 0.46% of iShares China Large-Cap ETF worth $27,224,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of FXI. PBCay One RSC Ltd purchased a new position in shares of iShares China Large-Cap ETF during the 1st quarter worth approximately $66,226,000. Group One Trading LLC raised its holdings in iShares China Large-Cap ETF by 13.2% in the first quarter. Group One Trading LLC now owns 371,956 shares of the exchange traded fund’s stock worth $13,353,000 after purchasing an additional 43,356 shares in the last quarter. Levin Capital Strategies L.P. bought a new position in iShares China Large-Cap ETF in the first quarter worth $291,000. PNC Financial Services Group Inc. lifted its position in iShares China Large-Cap ETF by 109.9% during the first quarter. PNC Financial Services Group Inc. now owns 5,612 shares of the exchange traded fund’s stock valued at $201,000 after buying an additional 2,938 shares during the period. Finally, Parallel Advisors LLC lifted its position in iShares China Large-Cap ETF by 6.1% during the first quarter. Parallel Advisors LLC now owns 7,927 shares of the exchange traded fund’s stock valued at $285,000 after buying an additional 453 shares during the period.

iShares China Large-Cap ETF Trading Up 0.3%

Shares of FXI stock opened at $34.58 on Friday. The company’s fifty day moving average price is $34.16 and its 200-day moving average price is $36.39. The stock has a market cap of $4.17 billion, a PE ratio of 10.78 and a beta of 0.32. iShares China Large-Cap ETF has a 12 month low of $31.19 and a 12 month 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. The underlying Index is designed to represent the performance of the companies in the Chinese equity market, which are available to the international investors.