Powell Investment Advisors LLC Makes New $194,000 Investment in iShares China Large-Cap ETF (NYSEARCA:FXI)

Powell Investment Advisors LLC purchased a new stake in shares of iShares China Large-Cap ETF (NYSEARCA:FXIFree Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,375 shares of the exchange traded fund’s stock, valued at approximately $194,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Franklin Resources Inc. acquired a new stake in shares of iShares China Large-Cap ETF in the 3rd quarter valued at $31,000. ORG Partners LLC acquired a new stake in iShares China Large-Cap ETF in the third quarter worth about $32,000. Centennial Bank AR bought a new stake in iShares China Large-Cap ETF during the 3rd quarter worth about $48,000. Farther Finance Advisors LLC lifted its position in iShares China Large-Cap ETF by 875.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,872 shares of the exchange traded fund’s stock valued at $59,000 after purchasing an additional 1,680 shares during the period. Finally, Union Bancaire Privee UBP SA bought a new position in shares of iShares China Large-Cap ETF in the 4th quarter valued at about $61,000.

iShares China Large-Cap ETF Price Performance

Shares of NYSEARCA:FXI opened at $32.73 on Monday. The stock has a market cap of $5.90 billion, a price-to-earnings ratio of 8.31 and a beta of 0.99. The company has a 50 day moving average of $30.80 and a 200-day moving average of $29.65. iShares China Large-Cap ETF has a one year low of $21.92 and a one year high of $37.50.

iShares China Large-Cap ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for iShares China Large-Cap ETF (NYSEARCA:FXI)

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