Blackstone Inc. Sells 1,731,327 Shares of iShares China Large-Cap ETF (NYSEARCA:FXI)

Blackstone Inc. cut its holdings in iShares China Large-Cap ETF (NYSEARCA:FXI) by 90.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 174,473 shares of the exchange traded fund’s stock after selling 1,731,327 shares during the period. Blackstone Inc. owned about 0.10% of iShares China Large-Cap ETF worth $5,311,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the business. Concourse Financial Group Securities Inc. increased its position in shares of iShares China Large-Cap ETF by 108.4% during the fourth quarter. Concourse Financial Group Securities Inc. now owns 921 shares of the exchange traded fund’s stock worth $28,000 after acquiring an additional 479 shares during the period. HM Payson & Co. purchased a new position in iShares China Large-Cap ETF during the 4th quarter worth $30,000. Millstone Evans Group LLC bought a new stake in iShares China Large-Cap ETF during the 4th quarter valued at $48,000. Headlands Technologies LLC purchased a new stake in shares of iShares China Large-Cap ETF in the 4th quarter worth $53,000. Finally, Union Bancaire Privee UBP SA bought a new position in shares of iShares China Large-Cap ETF during the 4th quarter worth $61,000.

iShares China Large-Cap ETF Price Performance

FXI stock opened at $34.87 on Tuesday. iShares China Large-Cap ETF has a 1-year low of $24.59 and a 1-year high of $38.73. The business has a 50-day moving average price of $34.69 and a 200 day moving average price of $32.60. The company has a market capitalization of $5.92 billion, a P/E ratio of 9.33 and a beta of 0.28.

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.