Park Edge Advisors LLC Invests $2.18 Million in iShares China Large-Cap ETF (NYSEARCA:FXI)

Park Edge Advisors LLC acquired a new position in iShares China Large-Cap ETF (NYSEARCA:FXI) in the 1st quarter, Holdings Channel.com reports. The firm acquired 90,601 shares of the exchange traded fund’s stock, valued at approximately $2,181,000. iShares China Large-Cap ETF accounts for approximately 0.6% of Park Edge Advisors LLC’s portfolio, making the stock its 20th largest holding.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Principal Securities Inc. purchased a new stake in iShares China Large-Cap ETF in the 4th quarter worth $25,000. Hexagon Capital Partners LLC increased its stake in iShares China Large-Cap ETF by 291.4% in the 1st quarter. Hexagon Capital Partners LLC now owns 1,495 shares of the exchange traded fund’s stock worth $36,000 after buying an additional 1,113 shares in the last quarter. Ieq Capital LLC increased its stake in iShares China Large-Cap ETF by 3.0% in the 4th quarter. Ieq Capital LLC now owns 48,936 shares of the exchange traded fund’s stock worth $1,176,000 after buying an additional 1,433 shares in the last quarter. Greytown Advisors Inc. increased its stake in iShares China Large-Cap ETF by 7.1% in the 4th quarter. Greytown Advisors Inc. now owns 23,017 shares of the exchange traded fund’s stock worth $553,000 after buying an additional 1,526 shares in the last quarter. Finally, Spire Wealth Management increased its stake in iShares China Large-Cap ETF by 33.8% in the 4th quarter. Spire Wealth Management now owns 6,535 shares of the exchange traded fund’s stock worth $157,000 after buying an additional 1,651 shares in the last quarter.

iShares China Large-Cap ETF Stock Up 1.8 %

FXI stock traded up $0.47 during trading on Thursday, reaching $26.90. The company’s stock had a trading volume of 29,692,847 shares, compared to its average volume of 41,628,605. iShares China Large-Cap ETF has a 1 year low of $20.86 and a 1 year high of $30.54. The company has a market capitalization of $4.85 billion, a P/E ratio of 8.31 and a beta of 0.99. The company’s fifty day moving average is $27.01 and its 200-day moving average is $24.64.

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.