Renaissance Technologies LLC Sells 942,500 Shares of iShares China Large-Cap ETF $FXI

Renaissance Technologies LLC reduced its position in shares of iShares China Large-Cap ETF (NYSEARCA:FXI) by 76.9% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 283,200 shares of the exchange traded fund’s stock after selling 942,500 shares during the quarter. Renaissance Technologies LLC owned approximately 0.17% of iShares China Large-Cap ETF worth $10,167,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Rafferty Asset Management LLC grew its holdings in iShares China Large-Cap ETF by 2.6% in the 4th quarter. Rafferty Asset Management LLC now owns 13,660,513 shares of the exchange traded fund’s stock worth $523,061,000 after acquiring an additional 340,016 shares during the last quarter. Nearwater Capital Markets Ltd raised its stake in shares of iShares China Large-Cap ETF by 196.3% during the fourth quarter. Nearwater Capital Markets Ltd now owns 2,785,000 shares of the exchange traded fund’s stock valued at $106,638,000 after acquiring an additional 1,845,000 shares during the last quarter. Spear Holdings RSC Ltd bought a new position in shares of iShares China Large-Cap ETF during the first quarter valued at about $66,226,000. PBCay One RSC Ltd purchased a new stake in shares of iShares China Large-Cap ETF during the first quarter worth about $66,226,000. Finally, Capitolis Liquid Global Markets LLC boosted its holdings in shares of iShares China Large-Cap ETF by 89.7% during the fourth quarter. Capitolis Liquid Global Markets LLC now owns 1,324,000 shares of the exchange traded fund’s stock worth $50,696,000 after purchasing an additional 626,000 shares during the period.

iShares China Large-Cap ETF Price Performance

NYSEARCA FXI opened at $36.50 on Monday. The stock has a market capitalization of $4.35 billion, a PE ratio of 10.78 and a beta of 0.32. iShares China Large-Cap ETF has a 1 year low of $31.19 and a 1 year high of $42.00. The business’s 50-day moving average is $34.16 and its 200 day moving average is $36.23.

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.