Strait & Sound Wealth Management LLC Raises Stock Position in iShares China Large-Cap ETF $FXI

Strait & Sound Wealth Management LLC boosted its holdings in shares of iShares China Large-Cap ETF (NYSEARCA:FXI) by 2.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 33,815 shares of the exchange traded fund’s stock after buying an additional 764 shares during the quarter. Strait & Sound Wealth Management LLC’s holdings in iShares China Large-Cap ETF were worth $1,243,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in FXI. Berbice Capital Management LLC purchased a new position in iShares China Large-Cap ETF in the first quarter valued at $29,000. ORG Partners LLC increased its holdings in iShares China Large-Cap ETF by 100.0% in the second quarter. ORG Partners LLC now owns 1,000 shares of the exchange traded fund’s stock valued at $37,000 after buying an additional 500 shares in the last quarter. Chung Wu Investment Group LLC purchased a new position in iShares China Large-Cap ETF in the second quarter valued at $37,000. BOCHK Asset Management Ltd purchased a new position in iShares China Large-Cap ETF in the first quarter valued at $54,000. Finally, HHM Wealth Advisors LLC purchased a new position in iShares China Large-Cap ETF in the first quarter valued at $54,000.

iShares China Large-Cap ETF Stock Up 0.3%

FXI stock opened at $40.55 on Friday. The stock has a market capitalization of $6.85 billion, a P/E ratio of 10.78 and a beta of 0.44. The firm has a 50-day simple moving average of $39.96 and a 200-day simple moving average of $37.39. iShares China Large-Cap ETF has a 52 week low of $28.41 and a 52 week high of $42.00.

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.