Avantax Advisory Services Inc. Invests $1.33 Million in iShares China Large-Cap ETF (NYSEARCA:FXI)

Avantax Advisory Services Inc. purchased a new position in iShares China Large-Cap ETF (NYSEARCA:FXI) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 43,708 shares of the exchange traded fund’s stock, valued at approximately $1,330,000.

Other hedge funds have also recently made changes to their positions in the company. HM Payson & Co. bought a new stake in shares of iShares China Large-Cap ETF in the 4th quarter worth approximately $30,000. Franklin Resources Inc. bought a new position in iShares China Large-Cap ETF in the 3rd quarter valued at approximately $31,000. Union Bancaire Privee UBP SA bought a new position in iShares China Large-Cap ETF in the 4th quarter valued at approximately $61,000. Golden State Wealth Management LLC bought a new position in iShares China Large-Cap ETF in the 4th quarter valued at approximately $71,000. Finally, Mirabaud & Cie SA bought a new position in iShares China Large-Cap ETF in the 4th quarter valued at approximately $75,000.

iShares China Large-Cap ETF Trading Down 0.2 %

FXI stock opened at $38.49 on Wednesday. The stock has a market capitalization of $8.28 billion, a PE ratio of 10.75 and a beta of 0.33. iShares China Large-Cap ETF has a 12-month low of $23.58 and a 12-month high of $38.73. The stock’s 50 day simple moving average is $33.53 and its 200 day simple moving average is $31.56.

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.