Deltec Asset Management LLC Buys Shares of 22,200 iShares China Large-Cap ETF (NYSEARCA:FXI)

Deltec Asset Management LLC bought a new stake in iShares China Large-Cap ETF (NYSEARCA:FXI) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 22,200 shares of the exchange traded fund’s stock, valued at approximately $534,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Principal Securities Inc. purchased a new stake in shares of iShares China Large-Cap ETF during the 4th quarter valued at approximately $25,000. International Assets Investment Management LLC purchased a new stake in shares of iShares China Large-Cap ETF during the 4th quarter valued at approximately $87,000. Spire Wealth Management lifted its stake in shares of iShares China Large-Cap ETF by 33.8% during the 4th quarter. Spire Wealth Management now owns 6,535 shares of the exchange traded fund’s stock valued at $157,000 after buying an additional 1,651 shares in the last quarter. Prospect Financial Services LLC purchased a new stake in shares of iShares China Large-Cap ETF during the 4th quarter valued at approximately $205,000. Finally, Brookstone Capital Management purchased a new stake in shares of iShares China Large-Cap ETF during the 4th quarter valued at approximately $216,000.

iShares China Large-Cap ETF Trading Up 0.4 %

Shares of FXI stock traded up $0.10 during trading on Friday, reaching $25.99. 22,894,116 shares of the company’s stock traded hands, compared to its average volume of 42,009,551. The company has a market capitalization of $4.68 billion, a P/E ratio of 8.31 and a beta of 0.99. The firm’s 50-day moving average is $26.91 and its 200 day moving average is $24.59. iShares China Large-Cap ETF has a 1 year low of $20.86 and a 1 year high of $30.54.

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.