L & S Advisors Inc Invests $3.37 Million in iShares China Large-Cap ETF (NYSEARCA:FXI)

L & S Advisors Inc acquired a new position in shares of iShares China Large-Cap ETF (NYSEARCA:FXI) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 106,138 shares of the exchange traded fund’s stock, valued at approximately $3,373,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Comerica Bank lifted its holdings in iShares China Large-Cap ETF by 482.8% in the 1st quarter. Comerica Bank now owns 10,263 shares of the exchange traded fund’s stock valued at $247,000 after purchasing an additional 8,502 shares in the last quarter. M&R Capital Management Inc. purchased a new position in iShares China Large-Cap ETF in the 3rd quarter valued at $32,000. Ashton Thomas Private Wealth LLC purchased a new position in iShares China Large-Cap ETF in the 2nd quarter valued at $39,000. Raymond James & Associates lifted its holdings in iShares China Large-Cap ETF by 59.0% in the 3rd quarter. Raymond James & Associates now owns 205,625 shares of the exchange traded fund’s stock valued at $6,535,000 after purchasing an additional 76,333 shares in the last quarter. Finally, CANADA LIFE ASSURANCE Co lifted its holdings in iShares China Large-Cap ETF by 6.6% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 139,416 shares of the exchange traded fund’s stock valued at $3,360,000 after purchasing an additional 8,675 shares in the last quarter.

iShares China Large-Cap ETF Stock Performance

Shares of FXI stock opened at $30.36 on Thursday. The stock’s fifty day moving average is $31.16 and its two-hundred day moving average is $28.14. The firm has a market capitalization of $5.47 billion, a P/E ratio of 8.31 and a beta of 0.99. iShares China Large-Cap ETF has a fifty-two week low of $20.86 and a fifty-two week high of $37.50.

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.