Cobalt Capital Management Inc. Invests $5.74 Million in iShares China Large-Cap ETF $FXI

Cobalt Capital Management Inc. acquired a new position in shares of iShares China Large-Cap ETF (NYSEARCA:FXI) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 150,000 shares of the exchange traded fund’s stock, valued at approximately $5,744,000. iShares China Large-Cap ETF accounts for about 2.5% of Cobalt Capital Management Inc.’s portfolio, making the stock its 12th largest holding. Cobalt Capital Management Inc. owned approximately 0.09% of iShares China Large-Cap ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Jefferies Financial Group Inc. lifted its holdings in shares of iShares China Large-Cap ETF by 3.5% during the 3rd quarter. Jefferies Financial Group Inc. now owns 9,138 shares of the exchange traded fund’s stock worth $376,000 after acquiring an additional 312 shares during the period. Wilmington Savings Fund Society FSB lifted its holdings in iShares China Large-Cap ETF by 7.3% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 4,724 shares of the exchange traded fund’s stock valued at $194,000 after purchasing an additional 321 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in iShares China Large-Cap ETF by 2.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 11,417 shares of the exchange traded fund’s stock valued at $437,000 after purchasing an additional 324 shares during the last quarter. Savvy Advisors Inc. lifted its holdings in iShares China Large-Cap ETF by 4.1% during the 4th quarter. Savvy Advisors Inc. now owns 8,784 shares of the exchange traded fund’s stock valued at $336,000 after purchasing an additional 346 shares during the last quarter. Finally, Allworth Financial LP lifted its holdings in iShares China Large-Cap ETF by 41.3% during the 4th quarter. Allworth Financial LP now owns 1,320 shares of the exchange traded fund’s stock valued at $51,000 after purchasing an additional 386 shares during the last quarter.

iShares China Large-Cap ETF Stock Down 2.6%

Shares of FXI stock opened at $33.65 on Thursday. iShares China Large-Cap ETF has a 12-month low of $33.60 and a 12-month high of $42.00. The company has a market capitalization of $5.56 billion, a P/E ratio of 10.78 and a beta of 0.30. The firm has a 50-day moving average price of $36.14 and a 200 day moving average price of $37.45.

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. The underlying Index is designed to represent the performance of the companies in the Chinese equity market, which are available to the international investors.