Polymer Capital Management US LLC Makes New Investment in iShares China Large-Cap ETF (NYSEARCA:FXI)

Polymer Capital Management US LLC acquired a new stake in shares of iShares China Large-Cap ETF (NYSEARCA:FXI) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 70,000 shares of the exchange traded fund’s stock, valued at approximately $2,131,000.

Several other institutional investors and hedge funds also recently made changes to their positions in FXI. Janus Henderson Group PLC bought a new position in iShares China Large-Cap ETF during the 3rd quarter valued at about $2,487,000. Stifel Financial Corp raised its stake in shares of iShares China Large-Cap ETF by 2.5% in the third quarter. Stifel Financial Corp now owns 75,120 shares of the exchange traded fund’s stock valued at $2,387,000 after acquiring an additional 1,811 shares during the last quarter. Kovitz Investment Group Partners LLC acquired a new position in shares of iShares China Large-Cap ETF in the 3rd quarter worth approximately $242,000. iA Global Asset Management Inc. acquired a new position in shares of iShares China Large-Cap ETF in the 3rd quarter worth approximately $1,265,000. Finally, National Bank of Canada FI increased its holdings in iShares China Large-Cap ETF by 18.7% during the 3rd quarter. National Bank of Canada FI now owns 185,556 shares of the exchange traded fund’s stock valued at $5,897,000 after purchasing an additional 29,203 shares in the last quarter.

iShares China Large-Cap ETF Stock Performance

Shares of FXI opened at $32.74 on Monday. The company has a market cap of $6.90 billion, a price-to-earnings ratio of 10.21 and a beta of 0.28. The stock has a fifty day moving average price of $35.12 and a two-hundred day moving average price of $32.49. iShares China Large-Cap ETF has a 52-week low of $23.62 and a 52-week high of $38.73.

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.