Pictet North America Advisors SA Acquires New Stake in iShares China Large-Cap ETF (NYSEARCA:FXI)

Pictet North America Advisors SA acquired a new position in shares of iShares China Large-Cap ETF (NYSEARCA:FXI) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 11,059 shares of the exchange traded fund’s stock, valued at approximately $337,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Clal Insurance Enterprises Holdings Ltd bought a new stake in shares of iShares China Large-Cap ETF in the 3rd quarter valued at $279,664,000. SG Americas Securities LLC boosted its position in iShares China Large-Cap ETF by 25.2% during the fourth quarter. SG Americas Securities LLC now owns 4,193,345 shares of the exchange traded fund’s stock valued at $127,645,000 after acquiring an additional 844,237 shares during the last quarter. Toronto Dominion Bank grew its holdings in iShares China Large-Cap ETF by 61,218.3% during the 3rd quarter. Toronto Dominion Bank now owns 2,943,278 shares of the exchange traded fund’s stock worth $93,537,000 after acquiring an additional 2,938,478 shares during the period. Cibc World Market Inc. raised its position in shares of iShares China Large-Cap ETF by 61.8% in the 4th quarter. Cibc World Market Inc. now owns 673,476 shares of the exchange traded fund’s stock worth $20,501,000 after acquiring an additional 257,268 shares in the last quarter. Finally, Itau Unibanco Holding S.A. bought a new position in shares of iShares China Large-Cap ETF in the 3rd quarter worth about $19,730,000.

iShares China Large-Cap ETF Price Performance

NYSEARCA FXI opened at $34.16 on Friday. The stock has a market capitalization of $6.15 billion, a P/E ratio of 8.31 and a beta of 0.99. The business has a 50 day simple moving average of $31.08 and a 200 day simple moving average of $29.83. iShares China Large-Cap ETF has a one year low of $22.44 and a one year high of $37.50.

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.