Centric Wealth Management Buys New Stake in iShares China Large-Cap ETF (NYSEARCA:FXI)

Centric Wealth Management purchased a new stake in shares of iShares China Large-Cap ETF (NYSEARCA:FXI) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 7,507 shares of the exchange traded fund’s stock, valued at approximately $238,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Comerica Bank boosted its stake in iShares China Large-Cap ETF by 482.8% in the first quarter. Comerica Bank now owns 10,263 shares of the exchange traded fund’s stock valued at $247,000 after acquiring an additional 8,502 shares during the last quarter. M&R Capital Management Inc. acquired a new position in iShares China Large-Cap ETF during the third quarter valued at approximately $32,000. Ashton Thomas Private Wealth LLC bought a new stake in iShares China Large-Cap ETF in the second quarter valued at approximately $39,000. Raymond James & Associates raised its holdings in iShares China Large-Cap ETF by 59.0% in the third quarter. Raymond James & Associates now owns 205,625 shares of the exchange traded fund’s stock worth $6,535,000 after purchasing an additional 76,333 shares during the period. Finally, Signaturefd LLC boosted its position in shares of iShares China Large-Cap ETF by 55.1% during the second quarter. Signaturefd LLC now owns 18,000 shares of the exchange traded fund’s stock worth $468,000 after purchasing an additional 6,398 shares in the last quarter.

iShares China Large-Cap ETF Stock Up 2.7 %

FXI opened at $30.31 on Friday. The company has a fifty day simple moving average of $31.55 and a 200 day simple moving average of $28.23. The stock has a market cap of $5.46 billion, a P/E ratio of 8.31 and a beta of 0.99. iShares China Large-Cap ETF has a 12 month low of $20.86 and a 12 month high of $37.50.

iShares China Large-Cap ETF 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.