Fortis Group Advisors LLC Acquires New Holdings in iShares China Large-Cap ETF $FXI

Fortis Group Advisors LLC acquired a new stake in shares of iShares China Large-Cap ETF (NYSEARCA:FXI) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 47,210 shares of the exchange traded fund’s stock, valued at approximately $1,870,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in FXI. International Assets Investment Management LLC purchased a new position in iShares China Large-Cap ETF during the fourth quarter worth about $32,000. Banque Cantonale Vaudoise purchased a new position in iShares China Large-Cap ETF during the third quarter worth about $44,000. Allworth Financial LP grew its position in iShares China Large-Cap ETF by 41.3% during the fourth quarter. Allworth Financial LP now owns 1,320 shares of the exchange traded fund’s stock worth $51,000 after buying an additional 386 shares in the last quarter. American Wealth Advisors LLC purchased a new position in iShares China Large-Cap ETF during the third quarter worth about $67,000. Finally, Union Bancaire Privee UBP SA purchased a new position in iShares China Large-Cap ETF during the fourth quarter worth about $73,000.

iShares China Large-Cap ETF Stock Down 0.1%

iShares China Large-Cap ETF stock opened at $36.24 on Thursday. iShares China Large-Cap ETF has a 52 week low of $34.77 and a 52 week high of $42.00. The business has a 50-day simple moving average of $36.41 and a 200 day simple moving average of $38.10. The stock has a market cap of $5.99 billion, a price-to-earnings ratio of 10.78 and a beta of 0.32.

About iShares China Large-Cap ETF

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.